Another project. Must make money !!
"IMAGINATION PARK DEVELOPING IMMERSIVE 360 DEGREE VIRTUAL REALITY SERIES FOR MMA GLOBAL FANS
Imagination Park Entertainment Inc. has a new project in development called Kumite, an original, episodic action series created in immersive virtual reality (VR). This is the next project in Imagination Park Entertainment's collaboration in serialized storytelling for VR. Episodes will be filmed in Vancouver, Los Angeles and Toronto, and will be produced by Gabriel Napora, Tim Marlowe and Yas Taalat.
Kumite is about a mixed martial arts fighter, who travels to underground fight leagues all over the world to challenge top competitors. Mixed martial arts has a huge fan base garnered by the Ultimate Fighting Championship, with over 3.4 million followers on Twitter.
Kumite will be a continuing story created for VR enthusiasts who are willing to pay a premium for quality titles. Kumite will be packaged and submitted to popular VR on-line content stores. VR titles are currently being sold in a growing group of on-line stores, including Steam, Vive, Milk VR (Samsung) and the Oculus Store (owned by Facebook).
"Customer-centric content is at the core of our business, and we're continually looking for new, innovative ways to engage audiences," said Yas Talaat, director at Imagination Park Entertainment. "Virtual reality offers us another way to challenge our storytelling and provide audiences with a fully immersive viewing experience. We're excited to work on Kumite, and there is a huge audience awaiting this content."
The demand for VR content is growing exponentially as hardware sales increase. VR headsets are expected to reach 2.5 million units this year, up 79 per cent versus 2016, while driving $660-million in revenues, a predicted year-on-year jump of 42 per cent according to the Consumer Technology Association.
Imagination Park also announced today that Kelsey Chin has resigned as the company's chief financial officer for personal reasons. Effective on Feb. 1, 2016, John Masters, who previously served as Imagination Park's CFO, will resume responsibilities as chief financial officer.
"We thank Kelsey Chin for all of her contributions to Imagination Park Entertainment and wish her all the best in her future endeavours," said Colin Wiebe, chairman of Imagination Park.
About Imagination Park Entertainment Inc.
Imagination Park is an emerging digital content production company working with talented filmmakers around the world to bring conventional, as well as virtual reality, content to life
