philip lelyveld The world of entertainment technology

14May/20Off

Apple Buys Virtual-Reality Streaming Upstart NextVR

im-187344The Newport Beach, Calif.,-based company broadcasts live and recorded events, such as sports games and music concerts, for virtual-reality headsets. It has a long list of high-profile partnerships that include the National Basketball Association, the National Hockey League, World Wrestling Entertainment,Fox Sports, and Live Nation.

The tech giant has acquired a number of smaller technology firms in the space, including Flyby Media about four years ago.

NextVR has also worked with content makers to produce its own live and recorded VR content on its platform as well as on other existing VR headsets from Sony Corp. ’s PlayStation, Facebook Inc.’s Oculus, HTC Corp. ’s Vive and Vive Pro, and more.

Over the past two months, Apple has engaged in a number of deals, scooping up the weather app Dark Sky and the Dublin-based artificial-intelligence voice startup Voysis.

See the full story here: https://www.wsj.com/articles/apple-buys-virtual-reality-streaming-upstart-nextvr-11589503071

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