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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.