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Next Wave Studios to Get Investment From APX

APX Group, a New York-, Los Angeles- and London-based film, media and entertainment fund owned by a group of private financiers from the U.S., Italy, Spain and the U.K., has signed a preliminary agreement to invest in L.A.-based Next Wave Studios (NWS), a joint venture of Decentralized Pictures and Bingeable. Upon the closing of the […]

Fox Invests in Blockchain Distribution and Monetization Platform Eluvio

Fox Corp. is deepening its commitment to cryptocurrency with a new investment into Eluvio, an end-to-end platform for managing, distributing and monetizing content on the blockchain, the companies said on Wednesday. As part of the investment, which was valued at $100 million, Eluvio will provide the underlying technology powering Blockchain Creative Labs, an NFT company […]

CNN to Sell NFTs of Its Historic News Coverage

This … is a non-fungible token of CNN. The WarnerMedia-owned cable news channel is branching into the burgeoning NFT space with a new offering it is calling the “Vault by CNN.” Beginning in late June, the company will “mint” NFTs on the Flow blockchain of memorable moments from CNN’s 41-year history. It will then sell […]