"IONIA" PRESS RELEASE
ROTU ENTERTAINMENT & MEDIA, LTD. ANNOUNCES VR GAME AVAILABILITY FOR 2019 AND NEW FINANCING ROUND
Boston, MA (December 26th, 2018) ROTU Entertainment & Media, Ltd., a Boston-based VR (Virtual Reality) content provider will release an exclusive prequel to RHYTHM OF THE UNIVERSE, an interactive, family-friendly episodic game designed from the ground-up for Facebook’s Oculus and the HTC Vive headsets in 2019. Furthermore, ROTU closed additional financing during the third quarter of 2018 with leading American and European investors.
ROTU Entertainment & Media, Ltd. CEO Jason Parks, said: “Extended reality has a big future in entertainment and gaming. The new VR headsets including the wireless OCULUS Quest will be a big step toward mass adoption. High-quality content like Rhythm of the Universe is key to its success. We have already presented to crowds at CES, Pax, AWE, and more showcasing our unique proprietary VR preview,” Parks continued, “The story is based around today’s problems which tackle these issues through storytelling. Top VR devices need superb story driven content.” ROTU has also caught the attention of industry-leading professionals. “We want family-friendly content like this on our cruise ships’,” said key Disney exec, Pete Leathers at CES ‘18. Mimic Production’s David Bennett stated, “We’re excited to work closely with ROTU as they launch their incredible game.”
Market Research firm IDC indicates that the projected installed base for VR headsets will hit 31 million in 2018 but is expected to grow to 53 million by 2020. The Oculus Quest is expected to generate over 2 million headsets when it is launched in the spring of 2019. ROTU ENTERTAINMENT’s RHYTHM OF THE UNIVERSE is expected to span over 7 episodes, with new episodes forecast to release every 6 months. Each episode can stand alone and collectively build a long unique story arc allowing gamers to experience VR coupled with Music Mythology. The concept comes from a unique perspective of three factors: music, mythology, and history. Music symbols, instruments, and theory transform into characters, ecosystems, and game mechanics. We create a giant new universe utilizing real music theory!
ABOUT ROTU ENTERTAINMENT
ROTU develops and distributes stunning interactive content for superior virtual reality hardware. Our flagship product is called, “Rhythm of the Universe”, an Episodic VR Adventure. Learn more at www.rotu.com
About Oculus Quest
Oculus Quest is the world’s first all-in-one gaming system built for virtual reality. Now you can play almost anywhere with just a VR headset and controllers. www.oculus.com/quest/
