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VR content creation market worth $41bn by 2023

The Global VR content creation market is estimated to reach $41.01 billion (€37.2bn) at the end 2023 from $147.5 million in 2015. The market is growing with CAGR 89.8 per…

UK VR firm raises $500m

UK VR firm raises $500m

Improbable, a London-based virtual reality firm, has raised $500 million (€460m) in one of the biggest investments in an early stage European technology business. Improbable was founded five years ago…

Analyst warns of VR content shortage

Analyst warns of VR content shortage

According to Carl Hibbert, Associate Director of Media & Entertainment Research at Futuresource Consulting. UK, when taking stock of the VR ecosystem, it is clear that the commitment to driving…

VR awareness at 92%

VR awareness at 92%

Research by SlotsMillion, the Virtual Reality Casino, has found 92 per cent of people are aware of Virtual Reality (VR) – with 23 per cent having tried the new technology.…

Deutchshe Telekom offers Gorillaz gig in 360°

Deutchshe Telekom offers Gorillaz gig in 360°

On June 20th, Deutsche Telekom and Gorillaz will present the world premiere of the band’s live show in 360-degrees at Palladium Cologne. The event is one of four exclusive album…

Verizon to power Gravity Point’s VR hub

Verizon Digital Media Services today announced that it has been selected by Gravity Point TV, a specialist in the worldwide virtual reality (VR) services space, is to exclusively power the…

Sky creates Joshua vs Klitschko VR film

Sky creates Joshua vs Klitschko VR film

Sports fans around the world can now relive Anthony Joshua’s epic victory against Wladimir Klitschko via a Virtual Reality (VR) experience. The 12-minute film, created by Sky’s dedicated in-house VR…

VR: Virtually a reality?

Virtual Reality will work in a way that 3D didn’t. That’s because VR and Augmented Reality have so many obvious and useful applications across a range of sectors from medicine…

Facebook closes Oculus VR movie studio

Facebook is shutting down its VR studio in California which created films and video content for its Oculus virtual reality headset.  The Oculus Story Studio will no longer create its…

AOL: “Shorter videos = bigger audiences”

The results from a AOL’s latest global research study reveal the consumer behaviours and industry trends driving the evolution of digital video, and point the way for advertisers and publishers…