After investing in virtual reality experiences, IMAX has officially decided to cut its losses. In an SEC filing yesterday, the company revealed it’ll shutter its remaining three VR theaters—including its flagship location in Los Angeles—in early 2019 and write off “certain VR content investments.”
After investing in virtual reality experiences, IMAX has officially decided to cut its losses. In an SEC filing yesterday, the company revealed it’ll shutter its remaining three VR theaters—including its flagship location in Los Angeles—in early 2019 and write off “certain VR content investments.
