Comcast, Time Warner Join The Early VR Investment Party
Legacy media companies are making significant early investments in virtual reality on the assumption the much-hyped headsets will take off.By Evan Thomas | November 12, 2015
Comcast and Time Warner are teaming up to invest in the future of virtual reality.
They're part of a $30.5 million funding round for NextVR, which broadcasts live events in virtual reality, like political debates and sports games.
The cable companies join an industry trend: Disney was part of a $65 million round for VR company Jaunt. (Video via Future of Storytelling)