Nokia is announcing Ozo, a next-generation camera for capturing audio
and video in 360 degrees. Nokia intends for the device, which is now in its
pre-production phase, to become the default mode of shooting virtual-reality
experiences for Hollywood, the media, and the advertising industry. A formal
launch, along with a final sale price, is planned for the fall. But Ozo is not
a consumer camera — the device is expected to sell in the mid-five figures.
For Hollywood types, Ozo has a number of selling points. It’s a camera
that lets them make VR in real time, thanks to a pair of key features. The
first is live monitoring: directors can view footage as it's being shot on a
headset. The second is rapid playback. In the past, VR footage needed to be
digitally stitched together before it could be viewed, a process that could
take hours. Ozo can render lower-resolution video for playback in as little as
a few minutes.
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