Meet the LA Startup Designing VR Theme Parks in China

Rebecca Fannin, Forbes:

One of the more fascinating startups in the ever-so-heated virtual reality field has to be Spaces. A DreamWorks Animation spin-out in Los Angeles funded to the tune of $39.5 million by U.S., Chinese and Japanese investors, the 16-month-old is doing something that seems fairly far out — designing virtual reality theme parks in China.

These VR attractions are in prototype stage now at large-sized back lots in LA, Orlando and China, and are set to open by early next year in at least two key Chinese locations. This comes through a $30 million joint venture with Chinese theme park operator Songcheng Performance in May 2016, celebrated at a formal ceremony where the Blue Man Group performed.  Now, Spaces’ virtual reality attractions will reach 23 million thrill seekers in China who want to experience the latest enhanced rides, stage shows and live-streaming video content — all without getting nauseous.

Last year at Samsung’s developer conference in San Francisco, I watched people ride a VR rollercoaster. The single car coaster was mounted on hydraulics, not a track, and moved up and down and to and fro in sync with VR content displayed on individual Gear VR headsets worn by riders. Look at the photo at the top of this post and you’ll get the idea.

Pros: VR coasters are cheaper to build and install than the real thing, take up less real estate, and can be reconfigured via software to simulate endless coaster layouts.

Cons: Ain’t nothin’ like the real thing, baby!

We are inching slowly towards a Ready Player One sort of reality, aren’t we?