(Seoul=News1) Reporter Kim Min-ji - Beat Interactive has partnered with a VR concert production company.

On the 27th, 'Beat Interactive', a global entertainment company, revealed that it had entered into a memorandum of understanding (MOU) with the VR production company 'ALPHACIRCLE' in the realm of VR concerts. The announcement emphasized the collaborative intention to present outstanding works in the performance industry, enabling viewers to experience 360-degree VR concerts with high-quality resolution, all without the need for expensive dedicated devices. ALPHACIRCLE stands out as the sole company in Korea possessing top-notch playback and immersive technology in the VR content domain, earning recognition through various domestic and international accolades, including the prestigious 1st Korea Venture Startup Patent Award. Notably, ALPHACIRCLE has previously partnered with industry leaders such as Genie Music and CJ ENM to create pioneering VR performance content in Korea.

With this MOU, Beat Interactive envisions integrating ALPHACIRCLE's VR technology into the well-crafted performances of artists like the group ACE, Forestella, and singer Son Ho-young, aiming to elevate the audience's experience. It is expected that the two companies, each demonstrating the highest quality in their respective fields, will deliver performances with high completeness and the excitement of actual concert venues not only to live audiences but also to fans in their living rooms.

Hye-im, Kim - the C.E.O of Beat Interactive, expressed her expectations about this collaboration, stating, "Applying our IP to rapidly changing media technology to quickly provide fans with the best content is one of Beat Interactive's business values, and we consider ALPHACIRCLE to be the best partner in realizing this. We want to collaborate well to deliver good content to fans."

Eui-hyun, Shin - the CEO of ALPHACIRCLE, expressed confidence, saying, "ALPHACIRCLE has successfully established the essential technology for delivering offline content to fans without compromising image quality. We can assert that we are the company bridging the gap for the public who may perceive VR technology as distant. This collaboration will demonstrate these achievements, and particularly, given Beat Interactive's reputation as a prominent entertainment company that prioritizes high-quality production in performances, we believe we are the ideal partner to showcase and share our unparalleled technological capabilities."

In the meantime, Beat Interactive stands as a global entertainment enterprise committed to consistently crafting top-notch content with a blend of creative and professional expertise. The company endeavors to establish a universe that facilitates the expression of artists' distinctive sensibilities on a global scale. Among its roster are the idol group ACE, multi-talented artist Son Ho-young (SHY), crossover ensemble Forestella featuring member Ko Woo-rim, actor Park In-hwan, and versatile artist Choi Jong-hyun (Teen Top Changjo).

• Reporter Kim Min-ji (breeze52@news1.kr),
  - *Original content translated (KOR->ENG) by Kevin Kim (hkim02@naver.com)
  
  * Resource: 'Forestella·Son Ho-young's Agency' Bit Interactive Signs MOU with VR Concert Production Company ('포레스텔라·손호영 소속사' 비트인터렉티브, VR 콘서트 제작사와 MOU 체결 (naver.com))