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Drylab Media Tech (“Drylab”), a leading film and TV production SaaS platform, is pleased to announce the signing of a Memorandum of Understanding (MOU) with Welt der Wunder GmbH to expand Drylab into the Metaverse.

Expanding into the Metaverse to establish a new vertical

(London, UK, 30 January) Drylab Media Tech (“Drylab”), a leading film and TV production SaaS platform, is pleased to announce the signing of a Memorandum of Understanding (MOU) with Welt der Wunder GmbH to expand Drylab into the Metaverse.

Welt der Wunder has operated for decades in the second largest TV market in the world, Germany. They have an established network with all the global leading content providers, TV stations and other media platforms and have positioned themselves at the centre of the professional media industry.

Welt der Wunder brings many years of experience in international license sales and the knowledge of the needs of content producers and customers to the Partnership with Drylab. Their product, The MILC (Media Industry Licensing Content) Platform, offers a blockchain-based multimedia marketplace for professional content providers to trade licenses for a range of content, including movies, television, music, and more. The integration of Drylab into the MILC Metaverse positions Drylab within a new and innovative 3D immersive marketplace, helping to promote and drive brand awareness and allowing for direct engagement with its users.

John Mahtani, CEO, Drylab Media Tech: “We are thrilled to be signing an MOU with Welt der Wunder. Their Web3 platform, the MILC Metaverse, bridges the gap between content producers and the audience, it’s up and coming revolutionary technology is changing the way companies operate. Being able to engage directly with users will be a huge development for us at Drylab, and we are looking forward to the opportunities it will bring.

’Richard Flynn, Senior Licensing Manager, Welt der Wunder GmbH: “We are thrilled to be partnering with Drylab. We share a common goal to revolutionize the industry through the utilization of cutting edge-technologies. We look forward to sharing in their journey into Web3 and the Metaverse, and to support the adoption of their next generation on set production tools and platform by filmmakers around the world”.

Enquiries

Drylab Media Tech c/o +44 20 4582 3500John Mahtani, Chief Executive OfficerCelia Li, Chief Marketing OfficerWelt der WunderRichard Flynn, Senior Licensing Manager richard.flynn@weltderwunder.deAbout DrylabDrylab is a next generation on-set production tool and dailies distribution platform, utilising cutting edge technology to enhance the production process from script to screen. The powerful metadata engine enables efficient, accurate and effective retrieval of captured media both on-set, at the office and in remote locations. Developed by filmmakers for filmmakers. Further information is available at https://www.drylab.io/