Los Angeles Times

Disney ‘metaverse’ begins to take shape

Chairman of Disney parks Bob Chapek speaks at the dedication ceremony for Star Wars: Galaxy's Edge on Aug. 28, 2019 at Walt Disney World's Hollywood Studios in Orlando, Florida.

LOS ANGELES — Walt Disney Co. has brought its characters to life in its theme parks and expanded its franchises through streaming services.

Now it’s hoping to keep up with the times again by preparing for the internet’s next evolutionary leap.

The Burbank entertainment giant has begun developing a strategy for its approach to a future version of the internet that blends the physical with the digital and the virtual, dubbed by futurists, tech executives and investors as the metaverse, or Web3.

This week, Mike White, the Disney executive charged with leading the company’s foray in the space, met with senior Disney leaders to lay out

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