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HBO and Discovery Communications get into VR with 3D graphics firm Otoy

HBO and Discovery Communications get into VR with 3D graphics firm Otoy

HBO and Discovery Communications are getting a virtual reality check. 

The TV companies have taken equity stakes in the 3D graphics company Otoy. As part of the investment announced Tuesday, the TV companies will develop and distribute original holographic content across television, mobile, web, social and virtual reality and augmented wearable devices. 

The announcement underscores the ongoing interest in the VR sector. Streaming services such as Netflix and Hulu have...

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