Building the Open Metaverse cover image

The Metaverse in Review with Matthew Ball

Building the Open Metaverse

CHAPTER

The Metaverse and the Future of the Entertainment Industry

This year, Sony will probably spend $600 or $700 million in R&D. The five-year cost to produce Red Dead Redemption 2 was about $250 million. Since 2016, meta has acquired 6% of submarine cable infrastructure for the back global internet backhaul globally. In the African continent, they will own and cooperate 47 different country connects with an estimated 25 to 40% of all fiber optic cabling.

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