Singulardtv news
Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report
Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film "Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22. The company has purportedly signed an agreement with New York-based decentralized entertainment platform Breaker, formerly known as SingularDTV, to distribute the film overseas using its blockchain platform. Li Jie, senior vice president of Alibaba Pictures and CEO of Alibaba's ticketing app Taopiaopiao, reportedly announced the news during the China Golden Rooster & Hundred Flowers Film Festival on Nov. 20. New film will be released on SingularDTV's Ethereum-based EtherVision The executive noted that …
Blockchain / Nov. 22, 2019