Wednesday, 14 October 2026 Newsarchy UK live index
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The Walt Disney Company

Character.AI files for bankruptcy as Disney offers $20M rights deal

Character.AI files for bankruptcy as Disney offers $20M rights deal

Character.AI has filed for Chapter 11 bankruptcy protection in Delaware, while Disney positions itself to acquire core assets through a court-supervised sale.

Business ·13 Oct 2026, 23:09 ·Maeve Turner 4 min read