BEVERLY HILLS, Calif., March 16, 2017 /PRNewswire/ -- DMG Entertainment, a global media and entertainment company co-founded by Dan Mintz, today announced the official launch of DMG VR, a best-in-class immersive entertainment unit dedicated to pushing the boundaries of storytelling by breaking new ground in the fast-growing medium of Virtual Reality. DMG's first incubated company under the DMG VR umbrella, Arcturus, will focus on developing interactive narrative experiences and next-gen technology across all VR platforms.
"The creative canvas of VR gives us new ways to experience stories and express creativity," said Mintz. "We're partnering with a team of trailblazing leaders in this rapidly-growing industry to push new boundaries and bring mind-blowing VR experiences to the world."
The Arcturus team is led by key industry pioneers with decades of combined experience in the interactive and storytelling space. Ewan Johnson led production teams at Pixar and Dreamworks Animation; Devin Horsman is well-known in the industry as a leader in VR gaming and is an alumni of the Forbes 30 under 30 Class of 2016 in Games; and Andy Stack was content and product pioneer for 360/VR Tech at YouTube/Google.
"We're developing advanced technology to push storytelling in VR to new heights and combining it with original content, plus original content based on our world-class IP," said Mintz. "When you add the Arcturus team to the mix, it sets a bold new standard for immersive VR experiences."
According to Mintz, DMG VR will target funding, acquiring and partnering with top entities in the high-growth space, particularly those with the acumen to succeed in the U.S. and globally.
"DMG's track record of global success, considerable resources and Dan's creative vision will be instrumental as we elevate interactive VR experiences far beyond what is possible today, both technically and creatively," said Andy Stack, Chief Operations Officer, Arcturus. "We're excited to join DMG and open the door to the future of the VR experience."
About DMG Entertainment
DMG Entertainment is a global media and entertainment company with diverse holdings and operations across motion pictures, television, comic book publishing, gaming, next-gen technology and location-based entertainment. The studio's films include several motion pictures including the critically-acclaimed sci-fi time travel hit LOOPER and the global blockbuster IRON MAN 3. Later this year, DMG and James Cameron will bring TERMINATOR 2 back to the big screen in an immersive 3D special edition. Other upcoming releases include BASTARDS with Owen Wilson and Ed Helms, John Curran's CHAPPAQUIDDICK and THE PACT Starring Leslie Mann and John Cena.
Headquartered in Beverly Hills, California, DMG Entertainment boasts an impressive roster of world-class intellectual properties including Valiant's comic book universe, featuring more than 2,000 iconic characters; Brandon Sanderson's fictional universe Cosmere, a library of epic fantasies including the complete Mistborn series and The Stormlight Archive: The Way of Kings; Ken Liu's award-winning epic fantasy novel The Grace of Kings; and the original animated character Mini Marilyn® based on Marilyn Monroe. DMG recently partnered with Hasbro for the development of the world's first Transformers™-themed location-based entertainment project. For more information, visit www.dmg-entertainment.com.
SOURCE DMG Entertainment