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IMAX Completes First Phase of $50 Million Virtual Reality Fund That Will Finance New High-Quality, Immersive VR Content
IMAX Corporation (NYSE:IMAX) and IMAX China Holding, Inc. (HKSE: 1970) today announced that together, the Companies have completed the first phase of a $50 million virtual reality fund between IMAX and other strategic investors to help finance the creation of at least 25 interactive VR content experiences over the next three years for use across all VR platforms including in IMAX VR™ centres.
Source: IMAX Completes First Phase of $50 Million Virtual Reality Fund That Will Finance New High-Quality, Immersive VR Content
IMAX Corporation (NYSE:IMAX) and IMAX China Holding, Inc. (HKSE: 1970) today announced that together, the Companies have completed the first phase of a $50 million virtual reality fund between IMAX and other strategic investors to help finance the creation of at least 25 interactive VR content experiences over the next three years for use across all VR platforms including in IMAX VR™ centres.
Source: IMAX Completes First Phase of $50 Million Virtual Reality Fund That Will Finance New High-Quality, Immersive VR Content