Virtual-Reality Movies: Get Ready for the VR Revolution - WSJ

Likely to be at least as successful as 3D TV...

"We hear your objections: “There’s absolutely no way I’m going to wear one of those dorky-looking headsets. I won’t even be caught dead in 3-D glasses.” Even if you acknowledge that the motion-tracking technology VR systems employ is pretty cool, allowing users to look freely around a 360-degree environment, you’re perfectly content with real reality, thank you very much.

Behind the scenes, however, VR is rewriting the script for Hollywood. VR works are already popping up at prominent film festivals like Sundance and next month’s Tribeca Film Festival (where screenings take place in small rooms rather than large theaters). A-list directors such as Ridley Scott and Steven Spielberg are working on top-secret VR projects. Even “Airplane!” director Jerry Zucker, not usually associated with the cutting edge, is developing an immersive comedy."

Virtual-Reality Movies: Get Ready for the VR Revolution - WSJ