Condé Nast Announces Partnership with OpenAI

Condé Nast Announces Partnership with OpenAI

Today Roger Lynch, CEO of Condé Nast, announced a partnership with OpenAI via an internal company memo, included here below.

Dear all,

I'm pleased to share with you that we are entering a multi-year partnership with OpenAI to expand the reach of Condé Nast's content.

As we all know, generative AI is rapidly changing ways audiences are discovering information. It's crucial that we meet audiences where they are and embrace new technologies while also ensuring proper attribution and compensation for use of our intellectual property. This is exactly what we have found with OpenAI.

Over the last decade, news and digital media have faced steep challenges as many technology companies eroded publishers' ability to monetize content, most recently with traditional search. Our partnership with OpenAI begins to make up for some of that revenue, allowing us to continue to protect and invest in our journalism and creative endeavors.

Throughout the process OpenAI has shown that they too are very committed to this mission. They have been transparent and willing to productively work with publishers like us so that the public can receive reliable information and news through their platforms.

This partnership recognizes that the exceptional content produced by Condé Nast and our many titles cannot be replaced, and is a step toward making sure our technology-enabled future is one that is created responsibly. It is just the beginning and we will continue what we started in Washington earlier this year - the fight for fair deals and partnerships across the industry until all entities developing and deploying artificial intelligence take seriously, as OpenAI has, the rights of publishers.

My best,
Roger