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CJ ENM Invests In U.S.-Based Concert Platform AmazeVR
Korea’s CJ ENM is continuing expansion of its digital and technology business with an investment in U.S.-based concert platform AmazeVR. The undisclosed stake is part of the entertainment powerhouse’s strategy to grow its business sectors related to AR/VR tech, metaverse, NFTs and other tools. The aim is to see CJ ENM extend the lifetime value of its IPs by producing and distributing VR content and concerts.