PR NEWSWIRE - The partnership provides ~82K hours of ritestream licensed content for Planet Theta's virtual dating experience. The partnership enables couples to date and socialize from the comfort of their own home, utilizing Oculus and Steam VR headsets. The average movie theatre ticket cost in the U.S. has increased by 11% over the last 5 years. The price hike has compounded a Covid-hit industry, with ticket sales in the U.S. declining from 1.4B in 2009, to 498M in 2021. As movie theatres urgently rethink their offering, virtual dating cinemas provide a unique experience to connect with like minded members. ritestream is the platform for the creation and monetization of film and TV NFTs from allrites, the global marketplace. Planet Theta is the world's first virtual reality dating app, creating real connections in a virtual world.
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