For starters, the camera project is reported to have been placed on “pause” rather than outright canceled. In addition, and in spite of the unlikelihood of a joint venture continuing, it might not be the complete end of the project. Suggesting at least the initial agreed terms between the two had been fulfilled. An unnamed source had alleged that the decision was made by Google near the end of 2017 and was the result of the company’s decision to focus on AR instead.Īlthough the reasons behind the now-defunct partnership are limited, IMAX was spotted explaining in a recent earnings report that the company did receive a final contractual payment. No details have been provided by the search giant or IMAX with regard to why the program was being brought to an end.
The company has also revealed to Variety that it was Google who decided to end the partnership. However, two of the seven total centers have now been closed down, according to IMAX representatives, and the remaining locations are up for review.
The first pilot VR centers to stem from that the prospects of that deal were opened a year later in various places around the globe. Google has reportedly ended its partnership with IMAX that was initially intended to build a cinema-grade 360-degree camera. smarthphone-comparisions Smartphone Comparisons.ultimate-tech-gift Ultimate Tech Gift Guides.chinese-smarthphones Chinese Smartphones.
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