WarnerMedia CEO Jason Kilar said the future of Hollywood is in the blockchain as he prepares to leave the media company that he helped lead into the streaming era. “I think that’s going to be a potential wave that’s going to be coming to Hollywood, in the same way that the DVD wave came to Hollywood in the ’90s,” Kilar told Reuters in an interview.
Nearly two years after it was first announced, Epic Games has released its next-generation game engine. The updated engine features a number of improvements for developers — including enhanced performance and an upgraded UI — but the most significant changes come from a handful of technologies designed for more photorealistic visuals.
Source: Epic launches Unreal Engine 5
Founded in 2020 in Taiwan, Melos Studio is a new unique create-to-earn music ecosystem on ETH, BSC and FLOW blockchain. The Melos platform is dedicated to bringing not only music enjoyment but also NFT adoptions to the next level, empowered by powerful tools and feature package for content creators and participants.
At the moment, the market is relatively small. Publicly funded galleries are wary of cryptocurrencies, and, for those immersed in that world, digitalized old art doesn’t have the speculative cool of “native” NFTs, like CryptoPunks or Bored Apes, which can sell for millions. As yet, no museum NFTs have achieved attention-grabbing profits on resale platforms, such as OpenSea.
Source: Museums Are Cashing In on NFTs
As musicians and other creative producers assert more control over their future sales and blockchain technology has allowed for easier tracking of intellectual property, two Stanford alumni have started a business to help visual artists reap the financial rewards when their work is resold privately or comes up for auction, in some cases at many multiples of the original price.
A couple of new job listings from Spotify (h/t Financial Times) suggest that it could potentially breach the NFT world soon. Both listings show that the company is looking for people to work on projects related to “Web3.” One of the recent Spotify job listings is for a Senior Backend Engineer. The listing describes a role on a “small and full-stack team responsible for driving growth through new technologies, like Web3.”
Universal Music Group is capitalizing on the popularity of non-fungible tokens by acquiring one of the cartoon apes that have taken the world of digital collectibles by storm to lead an entirely virtual music group. On Friday, Universal’s 10:22PM label said it paid $360,817 to purchase Bored Ape #5537 – a female character now known as Manager Noët All, to lead the group it founded in November called Kingship.
Tuned Global’s clients now have access to Musiio’s AI technology, which, it says, makes music catalogs more searchable for both curators and end users. This news follows Tuned Global’s partnership struck with AI Audio firm Super Hi-Fi in December. Musiio says that its AI can “listen to music at scale, and supercharges the tagging and search capabilities of music catalogs”.
According to a new US patent granted on Tuesday (March 1) and obtained by MBW, Spotify has developed what it calls a “system and method for breaking artist prediction in a media content environment”. Spotify’s new invention works by determining “one or more early adopters” from its user base and then collecting data from their listening patterns.
Ape Rave Club isn’t an artist you’d normally see on any festival lineup, but this digital primate is debuting on one of the biggest stages in all of dance music: the Tomorrowland mainstage. As the first NFT artist to perform at the world renowned event, Ape Rave Club will capture the attention of the global dance music community with a set to be seen by over half a million fans.