TheWaveVR raises US$6m in funding

TheWaveVR, a social virtual reality (VR) platform for music fans, has raised US$6 million in Series A funding. The round was led by RRE Ventures, with participation also coming from Upfront Ventures, KPCB, Greycroft VR Gaming Tracker Fund and The VR Fund. Strategic investors in the round included: Giphy CEO Alex Chung; the co-founder of […]

Former Discovery VR boss co-founds new VR studio

A new virtual reality (VR) studio co-founded by two former Discovery executives – including the former head of Discovery VR – has launched. Previously in “non-public stealth mode,” San Francisco-based Tomorrow Never Knows describes itself as is a content, technology and research studio. The company was co-founded by former Discovery VR chief, Nathan Brown, and Discovery […]

A Future for VR TV?

Ivan Verbesselt, senior vice-president, group marketing, Nagra, looks at the future of virtual reality as an entertainment format. Virtual reality television (or VR TV) is finally here. Well, it is if we believe the hype. Long predicted to be the future of TV, VR has seen some tremendous growth over the past twelve months. Annual […]

MIPTV: VR still lacking enough high-quality content

Virtual reality success won’t happen overnight with the market still lacking a high volume of high-quality content, delegates at MIPTV heard this week. On a panel titled ‘True VR: gearing up for an interactive watching experience’, VR industry insiders addressed a range of issues surrounding this new medium, including the hype cycle around virtual reality […]

CCS Insight: 22 million VR and AR headsets to be sold this year

Virtual and augmented reality headsets and glasses will reach sales of 22 million units this year and will grow fivefold to 121 million in 2022, according to CCS Insight. The research firm forecasts that smartphone VR will account for the bulk of the sales volume but dedicated VR devices will drive more revenue. The VR […]

Mozilla unveils Firefox Reality browser for VR and AR headsets

Mozilla has announced Firefox Reality, a new web browser designed for the next generation of standalone virtual and augmented reality headsets. The company gave its first glimpse of Firefox Reality in a video posted on the Mozilla blog and said that it will release regular updates on its work in the coming weeks – including details of […]

UK makes major VR pledge in £150m Creative Industries Sector Deal

The UK government has made a major commitment to virtual reality (VR) and immersive technologies as part its Creative Industries Sector Deal. Unveiled yesterday, the deal will see the government and industry jointly invest more than £150 million to help cultural and creative business thrive across Britain. As part of this, the Sector Deal aims […]

Mediapro producing VR coverage of UAE football

Spanish broadcaster and producer Mediapro is to produce a virtual reality live broadcast of the UAE football league, covering a minimum of 10 of the best remaining matches from the current season. The UAE professional football league has teamed up with Mediapro Middle East to enable live-streaming in VR of matches of the Arabian Gulf […]

IDC: VR and AR shipments to return to growth in 2018

Virtual and augmented reality headset shipments will return to growth in 2018 and reach 68.9 million units globally in 2022, according to International Data Corporation (IDC). The research firm said that although the VR and AR headset market retreated in 2017 – primarily due to a decline in shipments in screenless VR viewers – it […]

VR City creates mosquito-eye view of malaria in 360° for Comic Relief

VR City has teamed up with Sport Relief, a biennial fundraising campaign for UK charity Comic Relief organised in association with BBC Sport, to produce an immersive 360° film focusing on malaria treatment. The film will enable viewers to accompany the journey of a mosquito as it spreads malaria in Uganda. The malaria film, directed […]

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