Character.AI Ch. 11 Auction With Disney Bid Moves Forward
Published . Updated .
A Delaware bankruptcy judge Friday approved the bidding procedures for the assets of artificial intelligence-powered entertainment platform Character Technologies, including a $20 million stalking horse bid from Disney, while strongly encouraging the debtor to appoint a consumer
Directly affected
- DIS Walt Disney+8.0% 30d
Named in this report.
Indirectly affected
- XLY Consumer Discretionary Select Sector SPDR+3.0% 30d
Consumer Discretionary Select Sector SPDR holds the consumer sector that The Walt Disney belongs to, so it often moves with news about it.
- DKNG DraftKings-23.9% 12d
DraftKings is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
- MSGS Madison Square Garden Sports-2.9% 16d
Madison Square Garden Sports is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
- MTN Vail Resorts+10.3% 15d
Vail Resorts is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
- RSI Rush Street Interactive-36.9% 30d
Rush Street Interactive is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
- MSGE Madison Square Garden Entertainment+0.9% 7d
Madison Square Garden Entertainment is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DISNo price data for this ticker | — | — | — | — | — | — | — |
| XLYNo price data for this ticker | — | — | — | — | — | — | — |
| DKNGNo price data for this ticker | — | — | — | — | — | — | — |
| MSGSNo price data for this ticker | — | — | — | — | — | — | — |
| MTNNo price data for this ticker | — | — | — | — | — | — | — |
| RSINo price data for this ticker | — | — | — | — | — | — | — |
| MSGENo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Character.AI Ch. 11 Auction With Disney Bid Moves Forward Law360
Source: Law360
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Walt Disney (DIS), worth $1,001 - $15,000 on 24 Aug 2026. That is 67 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Walt Disney (DIS), worth $500,001 - $1,000,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Walt Disney (DIS), worth $15,001 - $50,000 on 17 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid “Character.AI Ch. 11 Auction With Disney Bid Moves Forward” looks
12 out of 100
“Character.AI Ch. 11 Auction With Disney Bid Moves Forward” scores 12 out of 100. The score uses 1 sources.