Daily MIC: “The Odyssey” Leads Weekend Box Office with $124M Debut; 2030 World Cup Media Rights Race Takes Shape; OpenAI Seeing Resurgence of Interest in Secondary Markets

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Daily MIC: “The Odyssey” Leads Weekend Box Office with $124M Debut; 2030 World Cup Media Rights Race Takes Shape; OpenAI Seeing Resurgence of Interest in Secondary Markets

MEDIA, INTERNET & COMMUNICATIONS DAILY

July 20, 2026

GOOG/L, MSFT, META: OpenAI has seen a 'resurgence' of interest in secondary markets.

(Business Insider) - For most of this year, investors couldn't get enough of Anthropic while

largely ignoring OpenAI. Now the tide is turning: although Anthropic remains the clear

favorite, OpenAI is experiencing a significant surge in demand after it released highly touted

new models and saw success with its AI coding agent, Codex. "In the last month, there

has been a resurgence in interest," said Dave McClure, founder and managing partner

at Practical Venture Capital, which buys secondary shares in pre-IPO companies. Since

Anthropic and OpenAI have yet to go public, the vast majority of investors buy via secondary

markets, where existing stock is sold by employees or early investors. The market is

fragmented and illiquid, so quoted valuations are estimates rather than continuous public-

market prices. "OpenAI was facing a lot of negative stories in the first quarter related to things

like slower growth, executives sick or leaving, Anthropic racing past them, and the Elon

Musk lawsuit," McClure said. "This resulted in dramatically less demand in the early second

quarter for OpenAI secondary." Anthropic still dominates, drawing five buyers for every

two seeking OpenAI shares, according to Glen Anderson, CEO of Rainmaker Securities, a

merchant bank focused on private stock transactions. "A month ago, we were seeing limited

demand for OpenAI," he said. "We're still seeing breakneck demand for Anthropic, but now

you're seeing OpenAI get bid on a lot more often."