Caliverse signs a VR-content MOU with KT alpha - The Korea JoongAng Daily

 
Caliverse, Lotte Data Communication’s subsidiary, signed a memorandum of knowing (MOU) with KT alpha to further expand virtual world (VR) contented by adapting contented from KT alpha, according to the institution connected Thursday.
 
The MOU was signed connected Wednesday betwixt Caliverse CEO Kim Dong-kyu, Lee Won-jong, Deputy Managing Director from Lotte Data Communication and Kim Hyung-man, the caput of KT alpha's contented and media business.  
 
KT alpha, a KT subsidiary, is simply a integer contented distributor that possesses organisation rights for implicit 20,000 movie and animations. Its contented is being distributed crossed streaming services, specified arsenic Netflix, Wavve, Tving, Watcha, Coupang Play and IPTV services. 
 
Caliverse is formatting a metaverse level which volition alteration viewers to vicariously acquisition the contented arsenic if they’re determination successful idiosyncratic done live-action filming, 3-D real-time rendering and heavy interactive technologies.
 
The commencement day oregon sanction of the metaverse level has not been finalized yet, though a spokesperson from the Caliverse said it aims to commencement its work by the extremity of this year. 
 
Caliverse volition showcase a prototype of its metaverse level astatine the Lotte Data Communication's metaverse portion astatine CES 2023 connected Thursday successful Los Angeles. The immersive contented offers glimpses from films, K-pop acts and 3-D animation. 
 
Caliverse aims to utilize KT alpha’s contented successful films and K-pop concerts for its metaverse platform.
 
The companies volition further enactment to make caller concern models, the companies said successful a property release.
 
“We are readying to actively prosecute our concern to usage KT alpha’s contented for VR contented truthful that they tin beryllium disposable for the motorboat of our metaverse platform,” Caliverse CEO Kim Dong-kyu said. 
 
 
 
 
 
 

BY LEE JAE-LIM [lee.jaelim@joongang.co.kr]