WarnerMedia CEO Says Blockchain Could Be the Future of Hollywood

Blockchain technology represents the future of Hollywood, according to Jason Kilar, CEO of WarnerMedia, who is preparing to leave the company. According to him, the pillars of the bitcoin industry could also lead to new types of funding.

Blockchain is a "wave of momentum" that's going to Hollywood

American businessman Jason Kilar has become a proponent of the cryptocurrency space, and more specifically, blockchain technology. In a recent interview, the current CEO of WarnerMedia said that digital ledger technology has the potential to revolutionize the entertainment industry. He also predicted that acquiring irreplaceable tokens will become much easier.

Kilar compared the advancement of blockchain technology and its potential to enter Hollywood to the 1990s.

"I believe there could be a wave coming to Hollywood in the same way that the DVD wave arrived in Hollywood in the 1990s . "Obviously, that changed the economic fortunes of many of these businesses."