Fast take:

Disney has unveiled particulars for what it perceives as the way forward for leisure.The corporate CEO Bob Chapek prevented mentioning the “M-word” as he mentioned how Disney will use know-how to reinforce storytelling for the subsequent 100 years.In January, Disney filed a metaverse-themed know-how patent for “Virtual World Simulator” signalling its foray into the metaverse.

Disney has unveiled an in depth plan of how the corporate plans to make use of its know-how to usher in a brand new frontier in storytelling. 

Talking on the firm’s D23 Expo fan conference with Reuters, Disney CEO Bob Chapek refused to be drawn into the “M-Word” metaverse dialog, referring to the corporate’s enterprise into the business because the next-generation storytelling.

In keeping with Chapek Disney plans to make use of knowledge obtained from metaverse visits while leveraging client streaming habits (together with content material from Marvel and Lucasfilm studios), to create personalised experiences.

Earlier this yr, NFTgators revealed that Disney had filed a trademark software for metaverse-themed know-how dubbed “Virtual World Simulator”. The know-how leverages smartphone cameras and augmented actuality to allow interactive theme-park excursions.

Commenting on the corporate’s newest reveal on the conference in Anaheim, Calif, Chapek told Reuters in an interview: “The question is, how is our next-gen storytelling leveraging what we know about a guest uniquely in this Disney lifestyle, then serving up unique experiences.”

The metaverse is mostly described as a 3D digital world the place folks can meet immersively and work together through experiential actions like gaming and digital live shows. The metaverse grew to become a classy buzzword final yr when Fb rebranded to Meta as a nod to the brand new route the corporate was taking.

In consequence, a number of mainstream firms have filed for logos signalling their future plans for the metaverse and its associated verticals like NFTs and gaming.

Final yr, Disney laid the groundwork for what looks like a metaverse-driven future with the appointment of know-how government, Mike White to supervise the newly created Subsequent Technology Storytelling and Shopper Experiences unit.

White has additionally been tasked with assembling a technological toolkit to be deployed by the corporate’s artistic workforce. In keeping with earlier reviews, has additionally been testing theories on augmented actuality and the way it could possibly be used to reinforce storytelling.

The corporate lately launched an 8-min movie that premiered on Disney+ this week. “This could be a real big catalyst for what’s going to show up there and, you know, five to 10 years,” mentioned Chapek.

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