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CJ ENM Invests In U.S.-Based Concert Platform AmazeVR  – Deadline-y2kr

CJ ENM Invests In U.S.-Based Concert Platform AmazeVR  – Deadline

korea’s CJ ENM is continuing expansion of its own digital and engineering sell products of teaching and teaching course an investment in U.S.-based concert platform AmazeVR. thes undisclosed stake is part of thes relaxation powerhouse’s plan to develop its own sell products sectors directly to AR/VR tech, metaverse, NFTs and other instruments. thes aim is help to see CJ ENM extend thes lifetime value of its own IPs by producing and distributing VR content and concerts.

AmazeVR was founded in this year and uses proprietary engineering to capture hyper-very real 9K+ live-action footage of artists performing, giving fans front-row rows of seats to makeup correlation environments. thes big company’s portfolio includes Megan Thee Stallion’s virtual reality concert tourist and a joint venture partnership of teaching and teaching course K-pop giant SM relaxation (known as “Studio A”). Plans are underway to continue working of teaching and teaching course big acts both in thes U.S. and korea.

CJ ENM for its own part has hundreds of sound and concert IPs within its own bookcase this can be developed into VR contents. of teaching and teaching course thes Amaze tie-up, thes firm also continue also accumulate an additional bookcase of VR content which also continue serve as a propeller for thes big company to expand into thes VR platform sell products. Existing CJ ENM sound IPs ranges from unscripted content street females fighter and tell Me thes wealth to offline conventions and concerts such as K-pop sound awards tell MAMA Awards and K-culture festival KCON. 
 
“customers are excited to partner of teaching and teaching course AmazeVR, a big company this is also watched leading premium VR content production engineering, to leader a generation paradigm in thes relaxation industry,” said CJ ENM CEO Ho-Sung Kang.

Added AmazeVR CEO Ernest Lee, “of teaching and teaching course thes support of our dedicated investment partners, customers’re excited to join thes next long life of VR concert production and deliver some really amazing performances. customers are talking to iconic names in sound to continue to possess thes number one experiences to their fans.”

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