Jaunt VR Lays Off A “Significant” Number Of Employees As It Refocuses On Augmented Reality
Jaunt is devoting its resources instead to a new volumetric capture technology it showed off recently at its studios in Santa Monica, in which it captured a subject (say, a person) in full 360-degree perspective, and placed the object in another environment (in this case, a desktop).
Change seemed to be coming last month, when Jaunt announced that its vice president of business development, Mitzi Reaugh, would take over as CEO, succeeding media veteran George Kliavkoff, who accepted a job as president of entertainment and sports for MGM Resorts International.
Jaunt was behind a number of groundbreaking 360-degree productions, including one production, Collisions, that won an Emmy Award for outstanding new approach to documentary. It told the story of an indigenous Australian tribe.
See the full story here; https://deadline.com/2018/10/jaunt-vr-lays-off-significant-number-of-employees-as-it-refocuses-on-augmented-reality-1202483330/