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An Aggressive NFT and Defi Plan Has Led Disney to Hire a Transaction Lawyer

According to a job ad on LinkedIn, The Walt Disney Company is seeking to employ a transaction lawyer to investigate the potential of new technologies, such as NFTs, while working on an “accelerated and aggressive timeframe.”

According to the job posting, the employee would work with business teams to develop global emerging technology initiatives, including the metaverse and decentralized finance.

The Events That Transpired

The transactional lawyer will negotiate and draft sophisticated agreements for projects related to NFT, blockchain, third-party marketplaces, and cloud providers. Transaction lawyers often examine merger and acquisition agreements as well as other complex commercial transactions.

 

The article was posted on LinkedIn early on Saturday. Disney CEO Bob Chapek said at the D23 Expo fan conference on September 10 that the firm is investigating and creating plans for the metaverse, according to Deadline. 

The Mickey Mouse conglomerate hired a longtime Apple executive in June to serve as vice president of “Next Generation Storytelling Creative Experiences,” The following month, a consumer experiences executive was promoted to executive vice president of “Next Generation Storytelling & Consumer Experiences.”

Backstage at the expo in Anaheim on September 10, Chapek said to Deadline, “We call it next-gen storytelling. The M word has a lot of hair, so we don’t use it frequently.”

The new attorney will be employed by the Walt Disney Company’s legal division in the corporate transaction unit. They must have at least five years of management and leadership experience in complex corporate transactions, preferably at a major international law firm with a reputable corporate practice.

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