Oculus Story Studio won't be making any more award-winning VR shorts. Jason Rubin, the company's VP of content, has announced in a blog post that it's shutting down the film division. It's only been a bit over a year since the studio was launched, but the Facebook-owned company has apparently "decided to shift [its] focus away from internal content creation to support more external production." Rubin says Oculus will focus on funding third-party filmmakers' VR projects instead. It will even carve out $50 million out of the $250 million funding it promised to give out to developers for non-gaming virtual reality experiences.
Via: Variety
Source: Oculus
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