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OpenAI is paying Dotdash Meredith at least $16 million a year to license its content for AI.
Dotdash Meredith, the publisher of People, Better Homes & Gardens, and InStyle, announced a licensing deal with OpenAI in May (as did The Verge’s parent company, Vox Media). Now, AdWeek is reporting this $16 million minimum figure based on comments from a recent earnings call:
If you look at Q3 24, licensing revenue was up about $4.1 million year-over-year. The lion’s share of that would be driven by the OpenAI license...the variable components will be calculated and recognized in the future.
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