The booming of VR industry

Why virtual reality is about tombecome a very real $5 billion industry

In a luxury suite 32 stories above the glittering lights of the Las Vegas strip, Ian Paul is explaining why virtual reality is so important to his company. Facing aggressive competition from free, ad-supported rivals, he believes that VR can help him win over customers willing to pay a premium for an immersive, engaging experience. Paul could be an executive with The New York Times, Fox or ESPN, all of whom were at this year’s Consumer Electronics Show in Las Vegas to talk about how VR is going to change their respective businesses. But he isn’t. Ian Paul is a pornographer. ….[READ]

 

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