Yuga Labs Acquires Roar Studios
Yuga Labs is acquiring Roar Studios, merging gaming, social media, and metaverse expertise.
- Roar Studios develops ROAR, a real-time media experience platform for artists and fans
- Roar’s tech and expertise will boost Otherside, Yuga’s metaverse project
- Roar's founder, Eric Reid, will become the General Manager of Otherside
- Reid's two-decade experience in film, TV, and music content distribution will enrich Yuga's leadership team
Yuga Labs is now broadening its horizons by acquiring Roar Studios. Roar Studios is known for ROAR, an innovative real-time platform where artists and fans can interact, collaborate, and compete from anywhere in the world.
Roar Studios, with its team of skilled audio, game, and AI engineers, has managed to carve out a unique product category in the metaverse. By blending innovative proprietary technology with established MMO game and platform systems, they've crafted a semi-autonomous music and entertainment world that's driven by individual content creators and community consensus.
As Yuga Labs moves forward with the development of Otherside, an interoperable metaverse, Roar Studios' cutting-edge technology, specialized skills, and leadership will be an invaluable asset.
Following the acquisition, Roar Studios' Founder and CEO, Eric Reid, is set to join Yuga as the General Manager of Otherside. Drawing on his extensive experience in creating and distributing content for global audiences, Reid will work in conjunction with Yuga's seasoned executive team to advance the vision and production of the platform.
🖼️ The Big Picture
The collaboration of Yuga Labs and Roar Studios paves the way for a transformative, community-driven media experience within the metaverse, fostering creative content creation and deeper social connections.
🎤 Founder Feedback
Roar Studios has redefined what it means to experience media content in the metaverse. Roar's dedication to creative content creation and social connections will accelerate our execution of our bold vision for Otherside and Yuga's ecosystem more broadly.Daniel Alegre, CEO of Yuga Labs
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