if OM shorted the FAANG shares or bitcoin? It’s like who would want to buy a single or album on their phone that they can’t see or touch it when they could go down the shops and buy a piece of plastic that they have to find and load every time they want to listen to it. Don’t be fooled by a sinking SP. With 5G on the way the world is about to change forever.
how quickly this can turn and some poo themselves. I mean it’s like when the iPod came out and some said what’s an iPod I’m sticking to my CD collection. What EVRH are doing is groundbreaking and if SKY promote the premier league on VR then that’s another massive leap.
I think OM will switch from being short to being long. For me this is another Spotify and it’s pretty obvious VR phones will be launched by Apple in future. It’s like Boohoo they dropped to about 18p then hit around £2.80 a few years later.
If they made revenues of 7k in two months until the end of June, then that’s 43k over a year. It’s obvious that the revenue will grow exponentially going forward and should never stop going higher and higher. The shorters will get their fingers burnt off. I’m sure I read that the live concerts will be available to watch on a standard phone screen and I reckon laptop and ps live streaming onto tv will follow.
Be interesting to see if they go into advertising, obviously if you’re sat there waiting for the live concert to start they must be going to show something before the concert kicks off. Something like the Glastonbury Festival would be amazing, most people would watch on VR if they had the choice
It’s my opinion that we are still in the testing phase, the IT infrastructure required to stream live concerts must be mind blowing. I would guess they are testing the stability of the system as they roll out into new territories and as the headset sales grow. I think the most likely place that VR will be watched is on the commute to work, car, train, plane and by passengers in cars, coaches going on hols or around the pool or on the beach. If they can perfect VR the TV and computer screen will disappear. Does anyone know if a live concert can be watched over and over again after the event? It’s obvious this will become the new Spotify but with integrated video. If the SP falls further they will be bought out in my opinion.
In real terms nothing has really changed since they launched the app. I think they are looking at how the revenue is growing as headset sales take off. I read about a year ago they didn’t want to launch the app until vr headset sales were huge. I assume same still applies for vr concerts etc. It would only take something like X factor to be streamed by vr for this to really take off.