Why Hollywood Is Embracing Virtual Reality

The video discusses the company's name change to better align with its mission of creating immersive VR content. It highlights collaborations with Hollywood to integrate VR into mainstream media, despite current challenges with VR technology adoption. The company aims to be present on multiple platforms and envisions a future where VR is a primary medium for content consumption. The discussion also covers potential revenue models, including ad-supported and subscription-based approaches, similar to Netflix or HBO.

What considerations were made regarding the new name for the company?

What challenges does the speaker mention regarding the adoption of VR technology?

How does the speaker envision the future of VR content consumption?

What role does Hollywood play in the development of VR content according to the speaker?

What are the potential revenue models discussed for VR content?