New Alliance Formed to Steer Blockchain Adoption in the Entertainment Industry
Industry participants in the newly formed alliance include Millennium Media, FilmTrack, Capstone Group, RightsTrade, Purely.Capital, Home Box Office Singapore, Portugal’s CineMundo, Berkley Media Group, PlayArte Pictures, Havoc TV, Bulgaria’s Nu Boyana Studios, Sweden's Cinezen, Germany's Cinemarket, and Scandinavia's Scanbox Entertainment and Take One.
Asked about the potential involvement of Hollywood studios and Netflix, Ovtcharoff responded, “I believe they will all join. It might take time because of their size. The idea to organize the BGEA was born last month and I have not spoken to any of them yet. My initial outreach was to international distributors.”
Ovtcharoff said that the alliance aims to complete a report explaining blockchain technology and how it relates to entertainment by early January. The alliance is also looking to hosting an event focused on blockchain, possibly as soon as late January or February.
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