Meet the company behind the Tupac Shakur hologram
Shares of the publicly traded Domain Media Group are skyrocketing on the discovery that the company was behind the the late rapper Tupac Shakur's hologram performing at Coachella Music Festival over the weekend.
Shares of the publicly traded Domain Media Group are skyrocketing on the discovery that the company was behind the the late rapper Tupac Shakur's hologram performing at Coachella Music Festival over the weekend.
Did you see that thing at the Coachella Music Festival this weekend where they "brought Tupac back to life" as a hologram to perform alongside Dre and Snoop?聽 It was pretty sick.聽 Now everyone is pondering the possibilities of returning the likes of Kurt Cobain, Bob Marley, Elvis and others back to the stage using this technology.聽 It's already been announced that a regular Tupac tour is being contemplated because of the amazing and viral response to the performance.
It turns out there's a public company behind the whole thing, it's called Domain Media Group, the ticker is $DDMG.聽 Domain shares went banoodles this week when it was discovered that they were behind the technology itself.
Wall Street Cheat Sheet has the story...
DDMG did $98 million in revenues last year and lost $140 million.聽 I haven't done more than glance at the stock so far, but I was way early on $IMAX, building my first position in the stock in 2004 when they first started converting existing films like Batman Begins to the 70mm format and retrofitting old theaters for the experience.
So I'm curious...