Leading entertainment company CJ ENM announced its investment in the US-based VR concert platform ‘AmazeVR’. With this investment, CJ ENM will be able to expand the lifetime value of its IPs creating synergy with AmazeVR's technology to create VR content, which will enable to company to expand business opportunities related to VR platforms. CJ ENM has hundreds of music and concert IPs within their vast content library that can be developed into VR contents. On top of the company's vast content … [Read more...] about CJ ENM announces investment in US-based VR concert platform AmazeVR
virtual reality
RT360 signs with VR Educate to produce VR 360 videos for Asian market
RT360, part of global television network RT, has partnered with VR Educate (VRE) to produce 360-degree VR content for the Asian market, as announced by VRE at MIPCOM Cannes 2017. The agreement between VRE and RT360 will see 18 virtual reality/360-degree videos, including “Antarctica 360,” “Space 360” and “Wingsuit flight 360,” as well as three upcoming productions focusing on cultural heritage and landmarks – all produced by the RT360 team, headed by Eduard Chizhikov – added into … [Read more...] about RT360 signs with VR Educate to produce VR 360 videos for Asian market
A Virtual Reality check for the TV industry
VR was listed by Gartner’s Hype Cycle as one of the trends set to be “of the highest priority” for businesses over the next few years. According to industry reports, Asia-Pacific ranks as the fastest growing regional market for VR (hardware and software) with an expected growth rate of 108.1% from 2015-2020. Given the rising consumer interest in VR, it is little wonder so many companies are chasing this rapidly-growing opportunity and TV companies are no exception. There has been a host of … [Read more...] about A Virtual Reality check for the TV industry
Asian Television Awards wins at the Shorty Awards
Singapore – The Asian Television Awards has won for the first time at the Shorty Awards. The team bagged a total of 7 awards. It emerged victorious in the Asia and Weibo categories and walked away with the Audience Honour awards in the Asia, Emerging Platform, Weibo, Twitter Partnership and Live Event Coverage categories. The Shorty Awards, now in its ninth year, continues to recognise the most innovative, creative, and culturally relevant brands, organisations, agencies and influencers on … [Read more...] about Asian Television Awards wins at the Shorty Awards
Virtual Reality is more than a buzzphrase
What do lights, cameras and black chunky headsets have in common? For years, movie theatres have tried different tricks to get audiences into their doors – extra wide screens, surround sound systems, 3D films, and most recently Virtual Reality (VR). The Martian for example, was one of the first commercial VR efforts to come out of Hollywood. As the industry grapples with the transition from physical media to a more digital-centric business model, it has to create new revenue streams. The ways … [Read more...] about Virtual Reality is more than a buzzphrase
Screen Australia funds new documentaries
Screen Australia announced $1.6 million in production investment funding for seven compelling documentaries through the Documentary Producer and Commissioned programmes. The projects include the first virtual reality (VR) film to receive production funding from Screen Australia’s documentary unit; an investigation into our growing obsession with vitamin supplements presented by YouTube star Dr Derek Muller; and a nature documentary about the secret sex life of prehistoric 16-legged spiders … [Read more...] about Screen Australia funds new documentaries