×
You will be redirected back to your article in seconds

DMG Entertainment Gets Into Virtual Reality (EXCLUSIVE)

DMG Entertainment is getting into the virtual reality business. The media and entertainment company is launching DMG VR, a new unit focused on immersive storytelling. As part of that effort, DMG is unveiling Arcturus, a company focused on interactive narrative experiences and technology, that it incubated under the DMG VR umbrella.

“The creative canvas of VR gives us new ways to experience stories and express creativity,” said DMG founder Dan Mintz in a statement. “We’re partnering with a team of trailblazing leaders in this rapidly-growing industry to push new boundaries and bring mind-blowing VR experiences to the world.”

The Arcturus team is led by Ewan Johnson, who oversaw production teams at Pixar and DreamWorks Animation; Devin Horsman, an alum in the virtual reality gaming space; and Andy Stack, formerly a member of the team at 360/VR Tech at YouTube/Google. It’s one of what DMG hopes will be many startups it helps fund and foster in the virtual reality space. Mintz and his team will oversee DMG VR and is also looking to buy existing virtual reality companies, develop technology, and partner with other organizations that are currently working on immersive experiences.

“DMG’s track record of global success, considerable resources and Dan’s creative vision will be instrumental as we elevate interactive VR experiences far beyond what is possible today, both technically and creatively,” said Stack. “We’re excited to join DMG and open the door to the future of the VR experience.”

At a time when theatrical attendance is flat, media and entertainment companies see virtual reality as a source of growth. It’s considered an exciting way to marry Hollywood storytelling with digital wizardry, with companies like Sony and Fox betting heavily on the space and filmmakers like Peter Jackson expressing interest in working in the medium.

Mintz founded DMG about two decades ago as an advertising company based out of Beijing. It’s retained those ties to China, but in the years since it launched, DMG has broadened its portfolio, moving into movies, theme park attractions, and television. It has backed such previous releases as “Looper,” Rian Johnson’s sci-fi hit; a 3D re-release of “Terminator 2”; and “Iron Man 3.” Upcoming releases include “Bastards” starring Owen Wilson and Ed Helms, John Curran’s “Chappaquiddick” with Kate Mara and Jason Clarke, and “The Pact” toplined by Leslie Mann and John Cena. DMG has been busy of late, snapping up intellectual properties such as Valiant’s comic book universe, which includes such titles as “Bloodshot” and “Harbinger.” It is also developing films based on Brandon Sanderson’s fictional fantasy universe, “Cosmere,” and Ken Liu’s epic adventure novel “The Grace of Kings.”

More TV

  • Carol Burnett

    Carol Burnett to Receive Inaugural Golden Globe Television Special Achievement Award

    Carol Burnett will receive the inaugural Golden Globe television special achievement award, the Hollywood Foreign Press Assn. (HFPA) announced Tuesday. Aptly named the Carol Burnett Award, this new honor will celebrate the highest level of achievement in the medium. Burnett, who is a five-time Globe winner — the most decorated in the television category — [...]

  • Audrey HepburnOn the film set of

    Audrey Hepburn to Be Subject of New TV Drama Series (EXCLUSIVE)

    A TV drama series about the life of Hollywood icon Audrey Hepburn is being developed by Wildside, the expanding Italian production company behind “The Young Pope” and “My Brilliant Friend,” with plans to start shooting in 2020. The Oscar-winning actress was one of Hollywood’s most recognizable faces of the 20th century and was celebrated for [...]

  • An Overview of Ventana Sur’s 2018

    Ventana Sur: How Producers Can Meet the OTT Demand and Challenge

    BUENOS AIRES —  Jonathan Olsberg, who speaks at Ventana Sur, calls it a “production deluge.” According to Ampere Analysis’ Guy Bisson, talking in a podcast last week, in the third quarter of 2018 the number of unique SVOD homes in 16 maturer markets around the world overtook the number of unique pay TV homes. Also, [...]

  • Acorn TV

    AMC’s Best-of-British Streamer Acorn TV Launches in 30 New Territories

    Acorn TV launched in 30 new markets Tuesday, the biggest wave of international launches to date for the AMC-owned streaming service, which focuses on British and English-language drama. The platform is now live in Australia and New Zealand, India, Spain, the Nordics, the Benelux countries and South Africa. The international rollout started in June, when Acorn [...]

  • NBCU Reality Streaming Service Hayu Launches

    NBCU’s Reality Streaming Service Hayu Launches in Three New Territories (EXCLUSIVE)

    It’s easier to keep up with the Kardashians in the Belgium, the Netherlands, and Luxembourg after NBCUniversal launched its reality-TV streaming service, hayu, in those countries Tuesday. The service went live with about 6,000 episodes of unscripted fare from NBCUniversal’s lineup, including “Keeping Up With the Kardashians,” “Made in Chelsea” and “The Real Housewives” and [...]

  • Arrow -- "Elseworlds, Part 2" --

    'Elseworlds, Part 2' Recap: Batwoman's 'Arrowverse' Story Begins

    SPOILER ALERT: Do not read if you have not yet watched “Elseworlds, Part 2” the second part of the 2018 “Arrowverse” crossover, which aired Dec. 10. “Arrow’s” leg of the “Elseworlds” crossover had a little more to think about than “The Flash’s,” mainly because it served as the first introduction to Ruby Rose’s Batwoman. For [...]

  • Michael Uslan's U2K Becomes Asia-Hollywood Formats

    Michael Uslan's U2K Becomes Asia-Hollywood Formats Pipeline (EXCLUSIVE)

    Michael and David Uslan, the father and son producing team with credits that include “The Dark Knight” and “Sabrina: Secrets of a Teenage Witch” have struck a cluster of deals that makes them a two-way conduit for TV formats between Hollywood and Asia. U2K, a company that includes the Uslans and Jon Karas (“Believe in [...]

More From Our Brands

Access exclusive content