1NEWS, NASIONAL.
In April 2022, Warner Media CEO Jason Kilar said the future of Hollywood lies in blockchain, a technology he sees could transform the entertainment industry.
According to Kilar, this is especially true at this time, in an era where the process of buying digital collectibles is getting easier and more accessible to many people.
As per a Reuters report, Kilar likened the potential of blockchain technology to Digital Video Disc (DVD) before it became mainstream.
“I think it will be a potential wave that will come to Hollywood, in the same way that the DVD wave came to Hollywood in the 90s,” Kilar said, quoted from Bitcoin.com, Sunday, April 17, 2022.
