NextVR Reveals Advisory Board, Gets Huge Investment from Mandalay CEO

Those following virtual reality (VR) outside of the videogame industry in recent weeks and months will have likely heard of NextVR, a studio that’s working hard to push the boundaries of VR broadcasting with sports live streaming and live music, using light field technology to include positional tracking and more. The company has made several big announcements in the past few weeks, including hosting its first global VR broadcast at last month’s NAB Conference. Today sees NextVR reveal a new advisory board, which includes Mandalay Entertainment CEO, Peter Guber.

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These appointments have been made as part of NextVR’s plans for huge expansion in the future. Guber’s work includes producing classic films such as Tim Burton’s Batman as well as more recent works like The Kids Are Alright. He is also the co-owner of the NBA’s Golden State Warriors, MLB’s Los Angeles Dodgers and MLS’s Los Angeles Football Club. Along with joining the advisory team, Guber has also made a multi-million dollar investment in the company.

Also joining the board are Scott Teissler, formerly of Turner Broadcasting, and Doug Perlman, Founder and CEO of Sports Media Advisors.

“For those who haven’t experienced it yet, it’s hard to imagine what NextVR is capable of delivering with their live virtual reality technology. They have engineered the closest thing to putting you in the best seat in the house virtually that is possible,” Guber himself said of the news. “It’s a game changer for live sports, festivals, concerts, shopping, and travel.”

VRFocus will continue to follow NextVR’s progress, reporting back with any further updates from the company.

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