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Distorting Virtual Reality

Tech Trends VR

To complement the theatrical film release of Distorted on June 22nd, Minds Eye Entertainment and SkyVR have partnered to produce “Distorted Reality,” a scripted, live-action cinematic VR distributed through OneTouchVR on Google Daydream, Oculus Go, Samsung Gear VR, Oculus Rift, and iOs. VRScout (@VRScout) June 19, 2018.

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Report: VR and AR Device Market to hit $1.8 billion in 2018

Tech Trends VR

The report published today by global analyst company CCS Insight shows the worldwide market for virtual reality (VR) and augmented reality (AR) head-worn devices growing by an average of 50 percent annually over the next five years. In 2022, a total of 121 million units will be sold, with a value of $9.9 billion in 2022.

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Sony Drops PlayStation VR Price by $100, Bundles Now Starting at $300

Road to VR

Sony has announced a $100 price drop to their PlayStation VR headset across the board. Bringing prices that haven’t been seen since temporary sales during 2017’s holiday shopping period, Sony is permanently slashing prices on the PlayStation VR, making it more accessible than ever. and the Doom VFR Blu-ray Disc.

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The XR Week Peek (2020.07.13): Sony invests in Epic, Rockstar is working on an AAA VR game, and more!

The Ghost Howls

Sony invests $250M in Epic Games. Sony has announced that it has made a big investment of $250M in Epic Games through one of its subsidiaries. The investment gives Sony a minority stake in Epic that now is evaluated at more than $17B. And Sony for sure wants to have a stake in the metaverse. Top news of the week.

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Jim Ryan Appointed President & CEO of Sony Interactive Entertainment

Road to VR

Sony has officially announced that John Kodera has stepped down as president and CEO of Sony Interactive Entertainment (SIE), making way for previous SIE deputy president Jim Ryan to take the position. Like Kodera before him, Ryan will report directly to Kenichiro Yoshida, president and CEO of Sony Corporation.

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Sony Brings Social VR Theater App to PSVR Users in Japan

Road to VR

Sony actually created its own social VR viewing app for PSVR users in Japan, but it’s certainly no Bigscreen. According to CNET Japan , Sony recently pushed a new update to their virtual theater app Theater Room VR that finally lets users connect with up to three other people in a spacious digital cinema.

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What Made VR Gaming Highly Popular

ARPost

In fact, with the introduction of virtual reality in the game development industry, the revenue earned has gone up considerably. billion in 2017 and 2018. As virtual reality technology gained prominence, the use of VR devices like the Samsung Gear VR, Oculus VR, and HTC Vive, have also become popular. VR In Gaming.

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