Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

The entertainment industry had problems in 2022. Sales went up 5.4%. In the future, important to use AI and find growth opportunities. In 2022, the economy was uncertain and growth was slow, which made things hard for the entertainment and media (E&M) industry. Still, the income went up by 5.4% as a whole. Because of the changes, the industry had to rethink its strategies, focus on its core business, and change some of its most important assumptions. The PWC Global Entertainment & Media Outlook has useful information based on a lot of research and modeling. The Outlook uses what experts in their fields know to help with strategy and making decisions. It makes predictions for 13 areas in 53 countries.

A British PR, advertising, communication, and technology company WPP has announced a partnership with Epic Games, focusing on Metaverse

We have all heard a lot about metaverse, and how this new phenomenon will become the future of the internet.

The internet future gets inspired by our video games industry. We got introduced to new terminologies NFT, blockchain, crypto, metaverse

Recently, Facebook announced its rebranding to Meta and shared its ideas on the metaverse. John Carmack, ex-Oculus CTO, shared his thoughts.

Admix, the London-based game monetization, and ad firm announced that it raised 25 million dollars in a Series B funding round.

Facebook is getting ready to rebrand itself with the goal of making a metaverse in mind. Facebook to be known for more than social media.

Tencent, one of the biggest companies in the video game industry, has decided to focus on AAA open-world games that work like a metaverse.

The metaverse is the next important change that will happen in the world of the internet. Epic Games and Facebook are the biggest fans of it.

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