Yes, Runway Studio is a subsidiary of Runway Magazine. Runway Studio / Runway Studio Web3 is an integral part of the Runway Magazine brand, and it plays a role in offering various fashion-related services that complement the magazine's mission and coverage in the fashion industry. This affiliation allows for a more comprehensive and coordinated approach to fashion, combining editorial content with practical services. Runway Studio / Runway Studio Web3 is a design studio offering production of animations, videos, commercial designs, Web3, metaverse.