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Sony Electronics has partnered with Theta Labs to launch nonfungible tokens (NFTs) that can be viewed in mixed reality through Sony's Spatial Reality Display, a display that allows individuals to experience things in 3D without the use of typical 3D peripherals. The Spatial Reality Display follows the viewer's eye movement and modifies the display accordingly, providing a 3D viewing experience. Sony and Theta will be releasing an NFT called The Tiki Guy which is a 3D Tiki Mask. There will only be ten of these NFTs produced. While the NFT drop is designed for 3D viewing, 2D versions will be available as well. According to Nick Colsey, a Sony Electronics executive, “Consumers can now enjoy a next-generation 3D experience without the need for 3D eyewear. Theta’s NFTs are just the latest way we can show our rapid adoption of metaverse-friendly technology.” https://cointelegraph.com/news/theta-labs-to-help-sony-launch-3d-nfts-compatible-with-spatial-reality-display

via .ORGWorld News

Sony’s Michael Jackson Bet Gets Complicated Michael Jackson had been one of Sony Music Entertainment’s brightest stars before his 2009 death. And the seven-year, $250 million deal it struck with Jackson’s estate in 2018 to continue distributing his recordings was one of the biggest the industry had seen in some time. But now, following the HBO documentary Leaving Neverland, Sony’s Jackson bet is looking like a risky play, the WSJ reports. The two-part film (which was the third-largest premiere of any HBO doc in a decade) details the claims of two men alleging Jackson sexually abused them as boys. And in the era of #MeToo and #MuteRKelly, sales, streaming, and commercial use of Jackson’s music could fall... Which means lost business for Sony. Several radio stations in Canada and New Zealand have stopped playing Jackson, and (believe it or not) radio is still a big moneymaker for music companies—Deloitte estimates global radio revenue will climb to $40 billion this year, with more than 85% of adults listening to radio once a week.

via TheWorldNewsOrg World News