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Disney Worldwide Services, Inc.
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Character Technologies Inc. (Character.ai)

Deal Value

Undisclosed

Announced

Monday, October 12, 2026

Deal Details

Disney Worldwide Services agreed to serve as stalking horse bidder, offering $20 million for a non‑exclusive perpetual license to selected Character.ai IP and claims as part of the startup’s Chapter 11 sale process.

A technology licensing agreement for models, software, or intellectual property.

Related News

Disney licenses Character.ai IP in $20 million stalking horse deal

On October 12, 2026, Character.ai filed for Chapter 11 in Delaware and agreed a stalking horse deal under which Disney Worldwide Services will pay $20 million for a non‑exclusive perpetual license to some of its IP and claims. The Washington Post reported on October 13 that Disney is bidding for the assets as Character.ai keeps its platform running through the sale process.

Oct 12, 2026
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More Licensing DealsDisney Worldwide Services, Inc. DealsCharacter Technologies Inc. (Character.ai) Deals

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