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Warner Bros. Plans ‘The Matrix Resurrections’ NFT Project (Exclusive)

Warner Bros. Plans ‘The Matrix Resurrections’ NFT Project (Exclusive)

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Digital #Technology The studio and partner Nifty's will sell 100,000 unique 'Matrix'-inspired avatars, and next month the buyers will be given the option to transform them by taking a "Red Pill." The Matrix universe is expanding to the blockchain, the latest example in a series of efforts by traditional Hollywood power players to break into the non-fungible token (NFT) space.  Later this month Warner Bros. will release non-fungible tokens inspired by The Matrixfranchise and the upcoming film The Matrix: Resurrections.  Unlike other NFT projects based on Hollywood intellectual property, the Matrix project is instead taking its inspiration from…
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Box Office: “Patience Was a Virtue” for Studios That Held Films

Box Office: “Patience Was a Virtue” for Studios That Held Films

BY PAMELA MCCLINTOCK | HollywoodReporter.Com Troy Warren for CNT As 'F9' and 'A Quiet Place Part II' enjoy strong theatrical runs, the release-calendar shuffle may be winding down: "It is a very positive sign." Timing is everything. Take F9, which roared to a $70 million domestic debut over the June 25-27 weekend, the biggest opening of the pandemic era. The performance of the Fast and Furious installment recharged the box office battery and helped provide a collective sense of confidence for Hollywood’s bruised film studios as they prepare to once again release a steady supply of tentpoles. Early in the pandemic, Universal pushed back F9 by a full…
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