Korea’s CJ ENM Buys Stake in U.S. Tech Firm AmazeVR

South Korean entertainment leader CJ ENM has invested in U.S.-based virtual reality concert platform AmazeVR. The move is intended to enhance the group’s presence in the metaverse and expand opportunities for K-Pop and unscripted content.

AmazeVR claims to be the first and only company using its exclusive and proprietary technology, to capture hyper-real 9K+ live-action footage of artists performing. This gives fans front-row seats in 3D stage environments, making VR concerts easily scalable and faster to produce.

AmazeVR has previously put on concerts with Megan Thee Stallion and worked with Korean girl group Aespa on real world and virtual concerts. It recently formalized a joint venture with

→ Continue reading at Variety

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