Penrose Studios

It’s been an interesting past few years for the virtual reality industry and while there is still plenty for insiders to pin their hopes on in 2018, it’s no secret that things have been pr

VR will be big, AR will be bigger (and take longer). But as in most early-stage tech markets, growth will be curved, not straight. There will be a few billion dollars of revenue this year, a progressi

With Dalian Wanda Group's $3.5 billion acquisition of Legendary Entertainment in January, this year's media and entertainment M&A activity kicked off with a bang that hasn't slowed down. Comcast's

When a new medium arises, so too do new brands hoping to stake a claim on the frontier. Penrose Studios wants to be the Pixar of VR, telling heartfelt stories in immersive worlds. And now it has the m

There are advantages to being an invisible giant in a virtual world. You can watch over a whole town or lean in to see the miniature protagonist’s face. You’re so big you never worry about somethi