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Ok-pop big SM Leisure varieties JV with AmazeVR to provide immersive VR concert events for the metaverse

July 13, 2022
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Ok-pop big SM Leisure varieties JV with AmazeVR to provide immersive VR concert events for the metaverse
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Digital actuality live performance platform AmazeVR has signed a three way partnership cope with Ok-pop big premier leisure group SM Leisure and Studio KWANGYA, SM Leisure’s metaverse content material manufacturing home.

Collectively, the 2 will launch Studio A, which shall be primarily based in Seoul, South Korea.

The information follows AmazeVR’s $15 million spherical of funding in January to assist what it known as its “imaginative and prescient for VR concert events”.

SM Leisure is one among South Korea’s largest leisure corporations and performed a key function within the international emergence of Ok-pop since its the agency was established in 1995.

AmazeVR says that it’s going to deliver its VR live performance creation instruments to the Studio A JV, embrace a customized 3D VR digicam and stage setup, Unreal Engine-based VR VFX Instruments, and AI modules to automate guide duties.

Live shows shall be distributed solely by means of AmazeVR’s VR music metaverse service and SM’s VR metaverse service.

Just lately, SM’s new woman group Aespa has made their debut each in actual life and within the metaverse.

SM struck a deal with Warner Data in early June 2022 and performed their first US stay present at Coachella 2022.

Different artists on SM’s roster embrace NCT, Tremendous Junior, Women’ Era, Shinee, Exo, Purple Velvet, SuperM, TVXQ, and BoA.

 

Elsewhere, AmazeVR claims that it “captivated followers this summer time”, throughout a US-based VR Live performance tour with Megan Thee Stallion.

The VR live performance performances at taking part film theaters featured a multi-song set utilizing VR headsets.

“SM is happy to broaden our market to incorporate metaverse content material for artists utilizing AmazeVR’s industry-leading VR applied sciences and proprietary live performance creation instruments.”

Sung-su Lee, SM Leisure

Sung-su Lee, CEO of SM Leisure, added: “SM is happy to broaden our market to incorporate metaverse content material for artists utilizing AmazeVR’s industry-leading VR applied sciences and proprietary live performance creation instruments.

“We’ve had an incredible curiosity on this market and see the chance for our artists within the metaverse. AmazeVR shares the identical imaginative and prescient for this subsequent technology of music.”

“Our JV partnership with SM Leisure will ship mesmerizing, totally immersive VR concert events that includes mega Ok-Pop stars.”

Steve Lee, AmazeVR 

AmazeVR Co-CEO Steve Lee, stated: “Our JV partnership with SM Leisure will ship mesmerizing, totally immersive VR concert events that includes mega Ok-Pop stars.

“By no means earlier than have followers been in a position to expertise their favourite artists in such an intimate and private approach. Get able to see fascinating choreography because the music involves life, with the fan middle stage.”

AmazeVR Co-CEO Ernest Lee, stated: “We’re thrilled on the prospect of working with SM to collaborate with Ok-pop and different Asian artists, in addition to different Asian music corporations, by means of our new partnership.

“They’ve influenced Ok-pop globally, united the music {industry} throughout the continent, and introduced distinctive and energetic performances to worldwide audiences.

“We’re going to see some phenomenal VR concert events.”

 Music Enterprise Worldwide



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