VR brings thrills, pressure to entertainment industry

Beijing Leke VR Technology Co Ltd formed the China VR-Park Alliance with more than a dozen companies including hardware producer HTC on August 27, 2016.[Photo provided to chinadaily.com.cn]

He said the company felt there was an advantage and decided to transform to be a platform and in the same month, the VR Le 1.0, which had fewer than 10 games, showed up.

"We want to check what we could bring to offline experience store goers and found out that we were asked when to upgrade the content frequently, outside and inside the company. "

Leke VR launched a plan with a budget of tens of millions of yuan on April 7 this year to aid content providers and later formed five cooperative models including a copyright buyout, said Yang.

The Beijing-based company also formed the China VR-Park Alliance with more than a dozen companies including hardware producer HTC on August 27 to form a VR content ecosystem.