One company runs the most expensive room ever built in Las Vegas and the cable channel that carries the Knicks. Here is how Sphere Entertainment turned a glowing orb into a business.
IMAX does not own the multiplex. It owns the format, tunes the room, remasters the movie and takes a cut when the seats fill - a 59-year-old Canadian invention recast as a global entertainment platform.
Bigscreen VR is a California-based virtual reality company that started in 2014 as a social app for watching movies, gaming, and hanging out in shared virtual rooms, then pivoted into hardware with the Bigscreen Beyond - marketed as the world's smallest VR headset. Built for enthusiasts, the Beyond uses high-resolution micro-OLED displays, custom pancake optics, and a face cushion molded to each customer's face. The company sells direct to PC VR users who want maximum visual clarity and comfort without the bulk of mainstream headsets.