IMAX’s $50 million fund could buoy the VR ecosystem

Money keeps flooding into the virtual reality ecosystem. Yesterday, the film company IMAX said it was partnering with Acer and Creative Artists Agency to fund at least 25 interactive VR experiences with a $50 million fund.

Over the next three years, IMAX could usher in more high-quality VR experiences, which is what the VR industry needs in order to live up to expectations. Tech advisor Digi-Capital estimates VR and AR could generate $120 billion in revenues in 2020.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.