MelodyVR has published its financial results for 2018. Thanks to content sales and partnership deals last year, the virtual reality startup reported £1.2 million ($1.6 million) in revenue. Yet, underscoring the VR industry’s sustained unprofitability, MelodyVR also reported an operating loss of £11.3 million ($14.7 million). The company attributed the huge loss to an “increased […]
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