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Stock impact report

Virtual reality start-ups offer a VR experience that's part movie theater, part theme park [CNBC]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
show chapters Virtual reality has not taken off like many predicted it would. IMAX announced this week it is shuttering all of its VR centers across the globe by early 2019. After four consecutive quarters of declines, IDC says headset shipments grew by 8% in the third quarter of 2018 — not exactly stellar growth. But that's not stopping VR startups from betting big on location-based entertainment, in hopes of getting consumers to leave their homes to experience the technology in ways they can't from the comfort of their couch. VR reaserch firm Greenlight Insights predicts the location-based market for virtual reality experiences will grow to $12 billion within the next five years. Dreamscape Immersive -- backed by Hollywood's biggest players including IMAX , AMC , Fox and Warner Bros. -- is opening up its first permanent location this weekend in one of Los Angeles' biggest malls, with plans to open more venues in four other cities across the co Show less Read more
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