Originally posted on: www.roadtovr.com
NextVR, the live event broadcasting platform for VR headsets, may soon find itself acquired by Apple, a report by 9to5Mac maintains, which is expected to be valued around $100 million.
At the time of this writing, neither Apple nor NextVR have commented on the alleged acquisition. 9to5Mac posits that the acquisition may center on NextVR’s patented video streaming technology.
Founded in 2009, the Orange County-based startup broadcasts stereoscopic video of live sports and music to a wide swath of VR headsets, including Oculus Go, Oculus Quest, PSVR, and PC VR headsets such as HTC Vive and Oculus Rift S.
Its unique selling proposition has always been its ability to let fans get close to the action in a way traditional monoscopic live stream simply can’t, i.e. by letting VR users watch live events from the best seat in the house.
The company has come a long ways since it initially launched the platform on Samsung Gear VR in 2015, amassing over 40 patents and strategic broadcasting partnerships with the likes of the NBA, NHL, WWE, FOX Sports, Live Nation, and the International Champions Cup, and significantly upping its video quality in the process.
The company has also previously set its sights on six degrees of freedom-enabled volumetric video, higher resolution output, and augmented reality support.
According to CrunchBase, the company’s total funding comes to $115.5 million, with its latest investment, a Series B round amounting to $80 million, arriving in August 2016.
The acquisition is said to follow the company’s failure to secure a Series C round in early 2019, which coincided with a layoff of 40% of its staff.
What is 360 VR Video?
360 video is a video that is recorded in all directions at the same time with multiple cameras. The videos are stitched together either internally in the camera or externally using special software.
It then forms one spherical video that is controlled by the viewer, enabling them to look up, down, right or left at their discretion.
Is 360 Video Virtual Reality?
I want you to be the judge.
Recommended MicroSD Card for use with the Fusion 360 camera
How are you watching your 360 VR Video?
Are you watching on your PC?
Is it Facebook? YouTube? Veer.TV ?
Or better still, are you using your Samsung Galaxy Smartphone with your Samsung Gear VR Headset?
Or are you using another smartphone with a Google Cardboard? Google Daydream?
Leave a comment below. Let us know what you like or don’t like. If you have seen a 360 VR video that you think is awesome, tell us, and we will feature it.
What type of VR Headset do you own? Or do you watch with your computer? Smartphone?
Do you have a VR camera? Ricoh Theta S? Ion360? Samsung 360 gear? Insta360?
And if you are looking for 360 Video Production Services, contact Al Caudullo [email protected]
With 37 years of Media experience, we can Deliver More for You in 360 Video. Click here to see what our customers say about our work
Utilizing state of the art technology, Al Caudullo, and his team has been delivering award-winning compelling productions spanning the globe. Exotic destinations blended with unique cultural experiences give viewers an experience like no other.
From vibrant American cities like San Francisco and Las Vegas to the isolated mountains of Mongolia. From ancient civilizations of Cambodia and Myanmar to the lush resorts of Southeast Asia and beyond. All from the comfort of your living room.
