Media giants filed lawsuit against Hailuo AI creator on eve of IPO
Disney, Warner Bros. Discovery and NBCUniversal joined forces and filed lawsuit against Chinese AI company MiniMax, which created video and image generator Hailuo AI.
Particularly interesting is the timing of lawsuit filing. Right before potential IPO of Chinese company in Hong Kong!
Media giants accuse MiniMax of large-scale “piracy” of intellectual property and ignoring American copyright legislation. They accuse that MiniMax users can generate videos with iconic characters like Darth Vader without any licensing agreements!
These media companies could have been prompted to this lawsuit by a rather bold marketing move by MiniMax. Namely positioning their service as “Hollywood studio in your pocket”. Which caused particular outrage among these rights holders. Will AI remain a free creator or will it be limited by framework of licensing agreements? The court will decide.