Bob Iger's Big Bet on the Metaverse

Disney Executive Chairman Bob Iger has joined the board of Genies, a company that creates avatars to move through the metaverse. Celebrities have been promoting NFTs for a while now and are actively taking a bigger stand, but making a personal investment and taking a board seat makes a big statement. M&A is continuing to heat up in the streaming wars with Discovery and Warner Media combining forces.

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