The Hollywood Reporter reports: “Roland Emmerich — best known as the director of films including Independence Day and The Day After Tomorrow — is entering the virtual reality technology arena with the launch of VRenetic. Emmerich, who will serve as chairman, co-founded the company with producer Marco Weber (Unthinkable, The Thirteenth Floor), who will operate as CEO. VResh is scheduled to launch later this year. It’s also the first app to run on the company’s VRenetic Media Engine.”

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