Friday, April 26, 2024

IMAX is raising $50 million to create high-quality VR

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If IMAX is going to get serious about virtual reality, its going to need some cash… thankfully, its not having trouble on that front. The media mainstay has wrapped up the first phase of an effort to raise $50 million for creating at least 25 premium VR experiences across numerous platforms, including dedicated IMAX VR locations. On top of its own contribution, some of the bigger investors include Acer (not surprising given its link to IMAX partner Starbreeze), the talent seek…
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