How NFTs Are Changing The Entertainment Industry
... Former UTA chief innovation officer Brent Weinstein told Insider, “Even the most traditional Hollywood corporation is not going to avoid the tremendous winds of change that will start sweeping through.” Weinstein, who is now the chief development officer of Candle Media, created by former Disney executives Kevin Mayer and Tom Staggs, is well-positioned to profit from the nexus of heritage media and new modalities of narrative and delivery. ...
Copyright
Copyright ownership of an NFT does not imply that the digital object it represents has copyright or intellectual property rights. Someone can sell an NFT that reflects their work, but the buyer does not always get the copyright to it. Therefore the seller can make more NFTs of the same work. As a result, an NFT is only proof of ownership, not copyright. ...
History
Early history (2014–2017)
Kevin McCoy and Anil Dash built the first known “NFT,” Quantum, in May 2014. ...
See the full story here: https://www.inventiva.co.in/trends/how-nfts-are-changing-the/
