Broadway VR offers fully immersive virtual reality theater experiences with a VFX-first content platform that aims to take real theater experiences online. On Broadway VR, viewers will be able to see shows made with real actors performing on 3D VR sets with live-action motion capture technology. As Broadway VR describes, "we are announcing our production platform where anyone can participate in theater production and get returns based on PPM views model (similar to YouTube) with a chance to earn more."
Coming fall 2020, Broadway VR is being developed at a time when major broadway shows and local movie theaters are temporarily closed, and people are turning to at-home platforms that can be accessed online for viewing entertainment instead.
VR Theater Platforms
Broadway VR Offers Fully Immersive Theatrical Experiences
Trend Themes
1. Virtual Reality Theater - Virtual reality technology is revolutionizing the theater industry by providing fully immersive experiences to viewers.
2. Vfx-first Content Platform - The integration of visual effects as a core element in content creation offers disruptive innovation opportunities for creating unique virtual reality theater experiences.
3. Online Theater Production - The shift towards online theater production allows for widespread participation and opens up new revenue models based on views and engagement.
Industry Implications
1. Theater - The traditional theater industry can embrace virtual reality technology to provide innovative and immersive experiences to audiences, even when in-person shows are not possible.
2. Film - The film industry can utilize VFX-first content platforms to create visually stunning virtual reality experiences that blur the boundaries between movies and interactive narratives.
3. Entertainment Streaming - Entertainment streaming platforms can explore partnerships with virtual reality theater platforms to offer an expanded and immersive content library to their subscribers.