Disney, Character
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Disney is willing to pay $20 million for “a non-exclusive perpetual license” of certain Character Technologies intellectual property, the chatbot maker said in a press release that did not go into much further detail on which assets Disney wanted.
The company said the platform became "costly to develop and grow," in Monday filings to the Delaware District bankruptcy court.
The chatbot company has faced public scrutiny and legal challenges, most notably lawsuits from Kentucky and Pennsylvania.