Jaunt, a virtual-reality technology company has joined forces with The Walt Disney Co. and other key investors to bring live-action shows, movies and sports events to fans.
The $65-million investment between Jaunt and Disney, Evolution Media Capital, China Media Capital, Axel Springer and Madison Square Garden Co., would provide Jaunt with the capital to improve cameras, develop new software and increase production bringing fans and viewers top quality programming.
Jaunt has already provided viewers with concerts and movies enjoyed from every angle via virtual reality headsets, which give the feeling of being a part of the actual event.
With locations in their Palo Alto headquarters and new studio in Los Angeles, the venture is expected to allow hiring of talented personnel. And with the management of the company in the hands of three former Lucasfilm executives, Jaunt will be ready to provide the market with the 3 million virtual-reality headsets expended to be available for shipping worldwide.
The question then is not if but when and how much for my own personal virtual-reality headset?