Hollywood: The Future Star of Blockchain According to Warner’s Outgoing CEO

That’s all I have, folks! Jason Keeler, outgoing CEO of Warner Media, described blockchain as a technology that could do just that Transforming the entertainment industry. He also said that this technology could bring in new forms of financing. As shown by the former CEO of Disney his interest for Web3 and NFTs recently.

Blockchain to transform the entertainment industry

This was said by Jason Keeler, CEO of outgoing WarnerMedia The future of Hollywood was in the blockchain. In fact, he sees in the latter a technology capable of transforming the entertainment industry. According to Jason Keeler, this is especially true in these times when the process of buying digital collectibles has been greatly simplified by technology.

According to a Reuters report, Jason Kilar compared the potential of blockchain technology and NFTs to that of DVDs before they became mainstream.

I think it would be a potential wave that would come to Hollywood, in the same way that the DVD wave reached Hollywood in the ’90s. »

Jason Keeler, outgoing CEO of Warner Media

The outgoing CEO acknowledged that while DVDs eventually faded, they changed the economics of many entertainment companies. Warner Media, among other things, greatly increased its cash flow with the arrival of this medium at the time. Jason Keeler, known as push technology adoption And changes in the entertainment and bidding industry. For this reason, he believes that blockchain could also offer new forms of financing.

This obviously changed the economic fortunes of many of these companies, including Warner Media. »

Jason Keeler, outgoing CEO of Warner Media

>> Engine, start and work! Sign up for Binance! (affiliate link) <

The report chronicles Jason Keeler’s journey in the entertainment industry. Jason Keeler launched his own collection Video subscription service For social media content, Vessel. Then he sold that service to Verizon in 2016. So it wasn’t until four years later that Jason Kilar joined Warner Media.

The outgoing CEO joined the group in 2020 when the Covid-19 pandemic was spreading. This period is characterized by Closures and severe travel restrictions Humans. However, Jason Keeler could have taken advantage of it. It has effectively introduced a new way to bring movies into homes.

The CEO decided not to wait for a certain period to pass before releasing a movie to show at home. He has already launched a new exercise. The latter consists of the release of new films In theaters and on streaming service HBO Max same day. The experience started with the premiere of the movie Wonderful Woman 1984 » on Christmas Day 2020 and running through 2021. The move could have helped HBO Max and the HBO TV network attract 73.8 million new subscribers.

Popcorn Bitcoin!  Blockchain is coming to Hollywood and cinemas thanks to Warner!

Jason Keeler’s career spanned Hollywood and Silicon Valley. So it is only natural that he sees blockchain as a potential change in the entertainment industry. Especially with the growing noise surrounding Non-fungible tokens (NFT).

History has shown that incumbents tend to fight against trends that challenge established ways. »

Jason Keeler, outgoing CEO of Warner Media

Blockchain and NFTs are undoubtedly a technology on the verge of Revolutionizing the entertainment industry. The sports sector is particularly affected by the tokenization of collectibles and fan tokens. This change has already begun in the recording industry. Indeed, for example, Warner Music Group is already advanced. The record company already has Launched into blockchain games in partnership with Splinterlands. She is also a partner in the metaverse platform The Sandbox forOffers a new experience to listeners Based on New opportunities for its artists.

Blockchain, Bitcoin, Ethereum, Lightning Network… All these technologies are increasingly occupying a place among the current solutions for value exchange. And every day, professionals from all sectors openly talk about the contribution of cryptocurrencies. Get your first tokens on the most popular platform in the crypto ecosystem! Register on Binance (affiliate link)

Leave a Reply

Your email address will not be published.