Google, IMAX scrap plans for VR camera

A joint project by Google and IMAX to develop a Virtual Reality movie-quality camera has been tentatively scrapped.

IMAX has already invested in various pilot and experimental projects to create VR centres at some of its cinema sites, which a year ago was highlighted by the company as representing a significant growth opportunity. A year later and Variety reports that one of its two VR centres in New York has been closed, and another in Shanghai was closed in July.

Source: Google, IMAX scrap plans for VR camera

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