Leading Indian Entertainment Giants T-Series and Hungama Digital Entertainment to foray into the NFT & Metaverse Space in association with Hefty Entertainment
25 Januar 2022 - 05:00PM
NEWSBTC
The global digital entertainment industry has shown phenomenal
growth over the past few years raising the bar of entertainment
creation and consumption like never before. Asia’s largest
publisher and music label, T-Series has announced a partnership
with one of the largest digital entertainment company in South
Asia, Hungama Digital Media to enter into the world of Web3, NFTs
and Metaverse. It intends to capture the likes of the growing
landscape of the digital economy and virtual world. The
collaboration between the industry leaders will cause a paradigm
shift in Asia’s entertainment sector as they work towards becoming
valuable pillars in the NFT-metaverse ecosystem. The partnership
aligns with Hungama’s vision to curate a perfect union of tech
innovation to entertain and engage users worldwide, alongside
T-series, to redefine how digital content is created, owned, and
explored. The Metaverse and NFT space have exploded recently with
the latest marketing strategies among premier brands across various
industrial sectors. The new wave driving across the cryptoverse has
witnessed more renowned companies delve into the NFTs. With a
crucial metaverse move launching exclusive NFT collections,
T-series and Hungama Digital Media are poised to bridge the gap
between the crypto world and digital entertainment. Leveraging
Polygon Studios and their industry expertise, the leading NFT and
gaming arm, Hefty Entertainment will spearhead a Web 3.0 initiative
by Hungama, for the global digital entertainment sector to witness
an unparalleled dimension of entertaining creations. In an
exclusive interview, Bhushan Kumar, Chairman & Managing
Director – T-Series commented, “We’re delighted to extend our
alliance with Hungama, spanning two decades, and enable our
community with access to the Metaverse. Having set the ball
rolling, we look forward to expanding and enhancing the value of
our content that leads to a further and rapid expansion of the
global digital entertainment industry. Unlocking Special Moments
and Enhancing Experiences T-series in association with Hefty
entertainment is paving a creative path that will bring millions of
individuals from across the globe to a potential blockchain-based
entertainment metaverse. T-series and Hungama will leverage their
extensive global distribution network and expertise with a
catalogue of incredible content spanning 2,00,000 songs, 65,000
music videos and 150+ films across Indian languages to spread
across the ever-expanding digital landscape. “We are delighted to
extend our long-standing partnership with T-Series and establish
ourselves as first-movers into the Metaverse of entertainment. We
look forward to redefining content consumption with this Web 3.0
initiative as we find new ways to collaborate and engage with fans.
Our partnership with T-Series has strengthened with time. We’re
very excited to hold hands with them to enter the metaverse.”
Neeraj Roy, Founder – Hungama, shared. Hungama remains one of the
digital media entertainment giants in South Asia serving more than
90 million monthly active users across music, gaming, and videos in
the entertainment space. As collaborative efforts with T-series
which has the world’s largest user base with 350 users and a
massive following on different social media platforms. Incentivized
Marketplace to Fuel Digital Entertainment in the Metaverse Backed
by Hungama & Polygon, Hefty Entertainment is positioned to
launch its incentivized NFT marketplace. The marketplace will
primarily be focused on building an innovative layout in the
growing NFTverse. The project will present captivating features to
expand its marketplace and provide an exceptional experience for
users in the global entertainment sector. Hefty entertainment will
bring millions of people to the blockchain and crypto industry
through dynamic NFTs, advanced utilities, unique functionalities,
intuitive user experience and top-notch quality services in its
metaverse ecosystem.
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