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Making movies is expensive.

Aside from the millions of dollars spent on marketing, the filmmaking process itself is quite costly, which can be daunting for aspiring or amateur filmmakers. For example, it can easily cost over $80,000 just to get a camera that offers true film-style quality.

And even then, those expensive cameras are large, heavy, and can only film in one direction.

But entertainment is changing, and so are movies. Right now, filmmakers are rushing to make content to work with virtual reality headsets, where there’s a major opportunity to make an impact due to the overall lack of content.

With three major virtual reality headsets getting ready to go mainstream next year — Samsung’s Gear VR is already sold out among the major online retailers — Nokia aims to address the lack of virtual reality content out there with a new product aimed directly at filmmakers: the Ozo camera.

Here’s how it works:

This isn’t your dad’s camcorder. This $60,000 VR camera is meant for amateur and professional filmmakers that are serious about making virtual reality content.

The camera itself is sleek, and it only weighs 9.3 pounds.

Aside from filming, you can also continuously stream from the Ozo for live broadcasts in virtual reality.

See the rest of the story at Business Insider

from Business Insider http://ift.tt/1MTXinR