Indian media group Shemaroo Entertainment launched “themed metaverse experiences” for some of India’s iconic films, such as Disco Dancer and The Great Gambler. The immersive experience is set in The Sandbox metaverse under the joint-venture cultural hub BharatBox. In a
Disney’s recent promotional tactic for Loki’s second season has reignited the debate on using AI creatively. While technology promises unmatched efficiency, its use in art and design is controversial. Marvel fans, alongside professional designers, have quickly spotted what seems to
Screenwriters and studios in Hollywood have reportedly reached a deal to end the writers’ strike, with terms that include “protections for the use of AI in the writing processes.” The deal will end the nearly five-month-long strike by writers, which
Proof of Play, a blockchain gaming startup led by FarmVille co-creator Amitt Mahajan, successfully raised $33 million in a seed funding round. Greenoaks and a16z Crypto led the seed round, with Anchorage Digital, Mercury, Firebase, Zynga, Alchemy, Balaji Srinivasan, and
The U.S. Securities and Exchange Commission (SEC) on Monday charged Los Angeles-based entertainment company Impact Theory with conducting an “unregistered offering of crypto asset securities” through non-fungible tokens, or NFTs. The enforcement action, considered the first by the capital markets
Disney is forging ahead with its AI aspirations and has set up a task force to explore ways of integrating the technology across its business units amid the ongoing strike by writers and actors in Hollywood. This is expected to
Major brands including American Eagle and Gucci are considering how a Chief Metaverse Officer can strengthen their company as the sector matures beyond FOMO and into creating real value. Some companies are re-examining how they define the role while others
Canadian musician Grimes says she would share 50% of profits on “any successful artificial intelligence-generated song” using her voice. Her announcement comes in the wake of a recent controversy over an unauthorized song featuring AI-generated vocals of Drake and The
Disney is making $5.5 billion of spending cuts as years of mismanagement and internal strife finally catch up to it. The fifty workers in its metaverse team are collateral damage of a civil war that has rocked the house of
Once more, VeVe and Disney have joined forces in order to usher the wondrous world of animation into the territory of NFT. This time around, the company will be releasing a magical Hong Kong Disneyland “Momentous” NFT series, which will
The Walt Disney Company has stated on Wednesday that it has begun promoting the growth of innovative digital enterprises by launching its web3 accelerator. This was done in the previous month. Disney, as part of its announcement, presented the six
Bob Chapek revealed Walt Disney Co.‘s first new cruise ship in a decade. It was the first project he championed to the company’s board. Chapek became Disney’s CEO in February 2020 and earned a three-year contract extension on Tuesday after
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