Comcast, Samsung, others invest in VR company Baobab Studios

Sunday 6 December 2015 | 13:07 CET | News
US cable and media company Comcast has made an investment in virtual reality (VR) animation content and technology specialist Baobab Studios. The operator had already invested in VR sports and connected events provider NextVR and social commununication software company AltSpaceVR as part of its push into VR. It sees animation as a key player in VR content. Animation is a core pillar of consumer media, generating USD 200 billion globally a year, compared to USD 600 billion spent on US entertainment annually. Comcast Ventures is joined by Samsung Ventures, HTC, Advancit Capital, Chernin Group,

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Categories: Internet / Mobile & Wireless
Companies: Baobab Studios / Comcast / HTC / Samsung / Zynga
Countries: United States
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