---
title: "Steven Spielberg Joins The Hollywood Virtual Reality Company"
description: "The potential of VR is impressing all the big names...including Spielberg who is slated to direct the film adaptation of VR novel Ready Player One."
date: "2015-07-15"
modified: "2015-08-13"
authors:
  - name: "Fred Peterson"
    link: "https://futurism.com/authors/fredpeterson"
url: "https://futurism.com/steven-spielberg-joins-the-hollywood-virtual-reality-company"
categories:
  - "Future Society"
  - "Virtual Reality"
tags:
  - "virtual reality"
---

# Steven Spielberg Joins The Hollywood Virtual Reality Company

![](<https://futurism.com/wp-content/uploads/2015/07/oculus-rift-devkit-2-web.jpg>)

- The Los Angeles based startup, with a super team of Hollywood talent, is in the process of raising about $23 million to leverage the many VR headsets that will begin to appear in early 2016 to bring VR cinema to consumers.
- To imagine VR cinema, think of a modern video-game played with a VR headset like the Oculus Rift. The main features - 3D immersion, interactivity and multiple storylines triggered by the player's action - are still there in VR cinema. The difference is that you don't slay monsters to level-up your character, but just enjoy the story told by the filmmakers.
- VRC wants to create the world's best VR experiences by combining the best in technology, art and storytelling. Spielberg is slated to direct a film adaptation of Ernest Cline's cult VR novel Ready Player One.