Imax Closes VR Center in New York

Published by , October 29, 2018 1:37 pm

( Imax closed its New York-based VR Center in recent days, bringing the total number of closures up to three. The now-closed VR center was housed in the lobby of the AMC Kips Bay multiplex in New York. It consisted of 12 VR pods, which offered access to a variety of VR games and experiences.
Separately, executives promised investors on the company’s Q3 earnings call that they wouldn’t spend any additional money on such projects in 2019.

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