Category: Cinema & theatre

Cineplex takes stake in VRStudios and installs 40 VR arcades

The Canadian cinema chain is making a strategic investment in the U.S.-based virtual reality arcade producer. Canadian cinema giant Cineplex on Thursday said it has struck a strategic partnership with Seattle-based VRstudios that includes a “significant” equity investment in the maker of commercial virtual reality arcades. Terms of the deal were not disclosed, but the…