• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Oculus

Facebook’s Oculus forms in-house virtual-reality film studio

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
January 26, 2015, 8:59 PM ET
An attendee tries an Oculus-powered Samsung Gear VR headset during the French telecom Orange annual company's innovations show in Paris
An attendee tries an Oculus-powered Samsung Gear VR headset during the French telecom Orange annual company's innovations show in Paris October 2, 2014. REUTERS/Charles Platiau (FRANCE - Tags: BUSINESS TELECOMS) - RTR48NOGPhotograph by Charles Platiau — Reuters

(REUTERS) – Facebook Inc’s Oculus VR is getting into movies with an in-house studio dedicated to making virtual-reality films and premiered its first short piece at the Sundance Film Festival on Monday.

Tapping talent from both Pixar, the animation studio behind computer graphics imagery (CGI) films “Toy Story” and “Monsters Inc,” and the video gaming world, Oculus’ Story Studio will develop film content for virtual reality and advise other filmmakers seeking to try the technology.

Facebook (FB) bought Oculus last year for $2 billion. So far the business has largely focused on video games for its pioneering wrap-around Rift headset.

But virtual reality has recently been enticing Hollywood’s filmmakers to expand into the 360-degree panoramic view offered by headsets.

Oculus debuted “Lost” on Monday, the first of five short animated films that it is making over the next year.

Directed by former Pixar artist Saschka Unseld, now the creative director of Story Studios, “Lost” places the viewer in the midst of a forest where a mechanical creature bounds into the scene.

Oculus’ Chief Executive Brendan Iribe described it as “a real-time version of a Pixar experience that you’re inside of.”

This year at Sundance, the largest U.S. independent film gathering, part of the event has been dedicated to virtual-reality short movies by filmmakers including Chris Milk and Felix & Paul, to draw the independent film community.

Oculus also hopes to explore VR film experiences in real time, which would allow viewers to interact inside the headset with objects and characters.

“This is really tuning in to what a lot of people who are extending 360-degree film into VR cannot do yet,” Iribe said. “It’s getting into the heart and soul and magic of VR.”

But virtual-reality films are still a long way from becoming mainstream as the headsets to display them have yet to reach the mass market.

While Samsung Electronics Co Ltd offers its Galaxy Gear VR headset with its Galaxy Note 4 smartphone and Google Inc has its Cardboard VR device to use with smartphones, the consumer version of Oculus’ Rift headset is still in development.

There are also technological and creative constraints to developing film in virtual reality, said Unseld. Challenges include computers running too slowly to handle the intensive rendering of graphics in real time, as well as how to find a format for storytelling in a 360-degree environment where the viewer can look anywhere.

“Film has very linear storytelling, it’s one-dimensional,” Unseld said. “In VR, you need to find a three-dimensional way of telling the story where the space around you matters.”

About the Author
By Reuters
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Success
In 2026, many employers are ditching merit-based pay bumps in favor of ‘peanut butter raises’
By Emma BurleighFebruary 2, 2026
2 days ago
placeholder alt text
Cybersecurity
Top AI leaders are begging people not to use Moltbook, a social media platform for AI agents: It’s a ‘disaster waiting to happen’
By Eva RoytburgFebruary 2, 2026
2 days ago
placeholder alt text
Politics
Meet the Palm Beach billionaire who paid $2 million for a private White House visit with Trump
By Tristan BoveFebruary 3, 2026
1 day ago
placeholder alt text
Investing
Tech stocks go into free fall as it dawns on traders that AI has the ability to cut revenues across the board
By Jim EdwardsFebruary 4, 2026
9 hours ago
placeholder alt text
North America
Gates Foundation doubles down on foreign aid as U.S. government largely withdraws
By Thalia Beaty and The Associated PressFebruary 3, 2026
1 day ago
placeholder alt text
AI
Elon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO
By Amanda GerutFebruary 2, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in

thiel
PoliticsBillionaires
Peter Thiel warns the Antichrist and apocalypse are linked to the ‘end of modernity’ currently happening—and cites Greta Thunberg as a driving example
By Nick LichtenbergFebruary 4, 2026
15 minutes ago
Ray Dalio, wearing a suit and sitting in a beige chair, speaks and gestures with his hand.
Investinggeopolitics
Ray Dalio warns the world is ‘on the brink’ of a capital war of weaponizing money—and gold is the best way for people to protect themselves
By Sasha RogelbergFebruary 4, 2026
43 minutes ago
bezos
North AmericaMedia
Jeff Bezos’ mass layoffs at the Washington Post a ‘case study in near-instant, self-inflicted brand destruction,’ former editor says
By David Bauder and The Associated PressFebruary 4, 2026
46 minutes ago
broker
AIMarkets
The tech stocks free fall doesn’t make any sense, BofA says in rebuke to investors while doubling down on the sector’s longevity
By Nick LichtenbergFebruary 4, 2026
47 minutes ago
RetailPepsiCo
PepsiCo is cutting prices for snacks like Doritos by ‘up to 15%’ to appease customers pinched by the K-shaped economy
By Dave Lozo and Morning BrewFebruary 4, 2026
1 hour ago
A mother and daughter smile in a TV studio
CryptoCryptocurrency
Bitcoin demand in Nancy Guthrie disappearance shows how crypto is becoming a more frequent feature of physical crimes
By Carlos GarciaFebruary 4, 2026
1 hour ago