Disney Bets on Virtual Reality With Investment in Startup Jaunt
Entertainment titan Disney seems to think that virtual reality is ready for the mass market.
Many tech companies–Facebook, Samsung, and Google, among others–are interested in the potential of virtual reality and investing heavily in the technology. Now entertainment companies are also staking claims. Disney has apparently led a $65 million round of funding into Jaunt VR, a startup which makes live-action virtual reality content and also offers a camera system for capturing 360-degree live-action videos.