Oculus Story Studio is stopping its VR short videos production. The company announced in a blog post that it’s closing the relatively new film division. The studio was launched merely two years ago but the company is now focusing more on external production than internal content creation.

oculus story studio

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Story Studio created several pioneering VR shots that include Dear Angelica, Henry, and Lost, which inspired some traditional filmmakers and storytellers to work with Virtual Reality.

“Now that a large community of filmmakers and developers are committed to the narrative VR art form, we’re going to focus on funding and supporting their content. This helps us turn our internal research, development, and attention towards exciting but unsolved problems in AR and VR hardware and software.”

Oculus will use $50M from the project to exclusively fund non-gaming VR experiences. The money will go directly to artists that need to jumpstart their own innovative projects and ideas. The company will also provide resources and programs to help content creators kick start their projects, this includes production and distribution tips, video tutorials, best VR development practices, and access to a leading community.

Oculus hopes to inspire more content creators across all genres and mediums such as cartoonists, writers, painters, musicians and particularly filmmakers.

Source: Oculus

http://virtualrealitytimes.com/wp-content/uploads/2017/05/oculus-story-studio-600x338.jpghttp://virtualrealitytimes.com/wp-content/uploads/2017/05/oculus-story-studio-150x90.jpgPierre PitaMoviesVR Movie StudiosOculus Story Studio is stopping its VR short videos production. The company announced in a blog post that it's closing the relatively new film division. The studio was launched merely two years ago but the company is now focusing more on external production than internal content creation.  Oculus Story Studio...VR, Oculus Rift, and HTC Vive News