Mogul Productions and Bungalow Media to Decentralize Hollywood
(finance.yahoo.com)
Mogul Productions, the decentralized film financing (DeFiFi) and movie-based NFT platform, today announced their partnership with Bungalow Media. Bungalow will work together with Mogul to finance content and engage fans using blockchain technology.
Bungalow Media will be using their extensive network within Hollywood to procure and submit high quality, commercially viable film projects to Mogul’s platform. Films submitted to Mogul will be evaluated for placement into Mogul’s Showcase, where STARS token holders can vote to determine what projects receive funding, while earning unique rewards and experiences through the platform.
Bungalow Media is led by Phillip B. Goldfine, Academy Award winning producer of the documentary The Lady in Number 6: Music Saved My Life, and Emmy-winning writer of El Vacilon. He is joined at the helm by Kevin Weisberg, Executive Producer of River Runs Red and the upcoming All I Want for Christmas.
“We’re ecstatic to be at the forefront of this groundbreaking evolution marrying blockchain technology with the film industry,” said Goldfine. “Decentralization and the democratization of film is one of the biggest advancements Hollywood has seen in decades, and Bungalow Media is excited to produce the films that will reap these rewards!”
“Mogul is excited to welcome Bungalow Media to Mogul’s list of partners”, said Lisa Sun, President of Mogul Productions. “Mogul is creating a two-sided marketplace for entertainment-based blockchain content; onboarding esteemed groups like Bungalow, who have an incredible amount of relationships and high quality content, will help us to continue offering top tier opportunities for Mogul users.”
By: Accesswire
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