Disney Hiring Lawyer To Help With Metaverse Business Plans

Disney is hiring a transaction lawyer for its legal department who will help the company review business deals involving metaverse and decentralized finance. The entertainment media company has long been taunting plans to expand into the metaverse industry.

Media conglomerate Walt Disney Company is looking to hire a transaction lawyer who will help the company explore Web3 opportunities including NFTs and DeFi. Transaction lawyers are the ones who review complex business transactions like merger and acquisition deals.

The job posting added on LinkedIn says the potential hire would “partner with business teams as they plan new global emerging technology projects across additional segments like the metaverse and decentralized finance. They would also “assist in performing due diligence for NFT, blockchain, third party marketplace, and cloud provider projects, and negotiate and drafting complex agreements for those projects.”

Once appointed, the lawyer will work under Walt Disney Company’s legal department, within its corporate transaction unit. The candidates should have at least five years of experience managing and running complex corporate transactions, preferably at a large multinational law firm with internationally recognized corporate practice.

At this year’s D23 Expo, Disney CEO Bob Chapek said that the company has plans to expand into the metaverse industry.

“We call it next-gen storytelling. We tend not to use the M word too often, because it has a lot of hair on it,” said the CEO.

In June, Disney appointed a former Apple executive as Vice President of its “Next Generation Storytelling Experiences”, and an Executive Vice President to its “Next Generation Storytelling & Consumer Experiences”.

In 2021, Disney dropped the Walt & Mickey “Partners” NFT collection which featured golden statues of some of the most-beloved characters and icons from the media franchise. The collection was released on VeVe app for Android and iOS.