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Box Office Prospects and Streaming Bundle Predictions: A Chat With a Hollywood Biz Consultant

The media and entertainment industry is becoming more uncertain than ever as the business of content creation, distribution, advertising and broader monetization is changing rapidly in the streaming age, accounting and consulting firm EY argues in its annual trends report. No wonder then that companies are in a race to continue adapting, says John Harrison, […]

Bob Chapek Talks Disney Streaming Profits: “Our Investors Expect Us to Have a Return on That”

Bob Chapek is pivoting toward profitability, even as he continues to prepare The Walt Disney Co. for an uncertain digital future. With shares in the company falling on Wednesday after it missed Wall Street estimates (but added more Disney+ subscribers than anticipated), Chapek took the stage at the Paley Center for Media in New York, […]

FaZe Clan to Create Virtual World, Sell Digital Real Estate On Gaming Platform ‘The Sandbox’ (Exclusive)

FaZe Clan, the esports and creator organization that went public this summer, has selected gaming platform The Sandbox to develop and host a virtual world that will be the gaming company’s home in the metaverse. Known as “FaZe World,” the virtual world is expected to launch next year and will feature a variety of digital […]

iHeartMedia Plans to Host Metaverse Concerts In ‘Fortnite’ Virtual World (Exclusive)

iHeartMedia has launched its first virtual world on Fortnite, called iHeartLand, as the company extends its marketing investments into the metaverse and toward younger audiences. iHeart, which brought in $954 million in revenue during the second quarter, first announced plans in January to launch its own branded virtual world on platforms like Roblox as part […]

CAA Hires a Chief Metaverse Officer

CAA has hired Joanna Popper, an executive who oversaw extended and virtual reality initiatives at HP, to become the agency’s first chief metaverse officer. At CAA, Popper will be responsible for overseeing a team of executives focused on the agency’s metaverse strategy, both internally and for clients. She will work closely with Alexandra Shannon, CAA’s […]

The Notorious B.I.G. Is Headed to the Metaverse

Biggie is coming back to life in the metaverse. The estate of the late rapper, born Christopher Wallace, is working with Burst Live Inc. and Surreal Events to create a new virtual world called “The Brook” — a reference to the artist’s hometown in Brooklyn — that will feature a hyper-realistic model of the man […]

Lizzo to Perform on First Metaverse Music Awards Show

Lizzo is set to make her metaverse debut. Logitech announced on Tuesday that the “About Damn Time” singer will be delivering a performance at the second annual Song Breaker Awards, which will be the first awards show on Roblox. The event is set to honor groundbreaking creators who are shaping pop music through social media trends, memes […]

$9.4M Beverly Hills House Listing Comes With Home in the Metaverse (Exclusive)

Beverly Hills real estate is moving into the metaverse. A Spanish-style 1928 home in the flats of Beverly Hills that is coming to market this week for $9.418 million arrives with a decidedly 21st century add-on: Prospective buyers also have the opportunity to purchase a sister residence that’s been built in the 3D world Decentraland […]

iHeartMedia Strikes Deal With Super League Gaming for Metaverse Ads

iHeartMedia and Super League Gaming, a gaming and content platform, have struck a deal around advertising in virtual games and experiences (often collectively referred to as the metaverse). Super League Gaming will take advantage of iHeartMedia’s existing relationships with thousands of brands looking to advertise in virtual worlds and introduce those buyers to Super League’s […]

Nelson Mandela Family to Release “Mandelaverse” Metaverse Project

The Nelson Mandela Family’s Long Walk to Freedom brand is launching a metaverse project, called “A Long Walk to Meta: Mandelaverse,” that will feature NFT art collections and a “holographic” gala that will take place later this summer in Los Angeles. The project is being released as part of a partnership with Range Media, the […]

Bob Iger Getting Into the Metaverse Business

Former Disney CEO Bob Iger (and his avatar) is entering the metaverse. Iger is investing in and joining the board of a company called Genies, which lets users create their own digital avatars for use in virtual worlds (you can see Iger’s avatar above). Iger joins Genies CEO and co-founder Akash Nigam, Genies co-founder Evan […]

Web3 Creator Company DNABlock Raises $7M in Second Seed Funding Round

DNABlock, a company specializing in tools for Web3 creators, has raised $7 million in a second seed funding round led by Sfermion, Solana Ventures, Animoca Brands and Non-Fungible Labs. The funding round comes after DNABlock raised $1.2 million in September for its 3D avatar technology, called “Replikant,” that allows creators to design and mint NFTs […]