New division is staffed by Pixar veterans, with its first VR movie Lost debuting at the Sundance Film Festival

Facebook-owned virtual reality firm Oculus VR is getting into filmmaking with a new division called Story Studio, staffed by a team of veterans from the likes of Pixar and Industrial Light & Magic.

The studio is showing off its first VR movie – an animated short film called Lost – at the Sundance Film Festival, with plans to make several more in the year ahead in the run-up to the commercial release of the Oculus Rift headset.

Story Studio is a sign of Oculus’ ambitions to move beyond games, the entertainment genre that persuaded Facebook to buy the company for $2bn in 2014. Oculus hopes that the new division will stimulate other animators and filmmakers to start making VR films.

BASIC MEMBER CONTENT
This content is available for Basic Members.
Already a member, log in