By Jessica Goodfellow

Channel 4 has taken a minority stake in British virtual reality (VR) business Parable, the brainchild of David Wise, former programme director at The Garden Productions, and Nicholas Minter-Green, former president of Economist Films.

Parable, which launched this month, will create VR and 360° content across the entertainment, brand marketing and training sectors.

The company has already created two 360° documentaries for The Economist with watch manufacturer Blancpain, and is in advanced conversations with several major broadcasters and on-screen talent regarding upcoming projects for this year, Channel 4 said.

The investment comes from the broadcasters Indie Growth Fund, Read full story ›

Source: The Drum