Sky-based entertainment powered by drones is a nascent entertainment medium that just got a boost from Jeffrey Katzenberg. WndrCo, the investment firm led by Katzenberg and partner Sujay Jaswa, has joined a $50 million funding round for Nova Sky Stories, the drone light show company co-founded by Kimbal Musk. The younger brother of billionaire Elon Musk acquired the technology from Intel in 2022 and says it’s in the early stages of what’s possible. Katzenberg has joined Nova’s board of directors and will serve as a strategic advisor, helping to grow the company’s studio of animators and storytellers. Continue reading Katzenberg’s WndrCo Invests in Nova Sky Stories Drone Firm

At its L.E.A.P. developer conference in Los Angeles, Magic Leap outlined its plans for the future, which include software updates for the Magic Leap One headset as well as the ability to use two controllers, city-wide AR information layers and, possibly, a “Burning Man-style” gathering of developers in the desert. ILMxLAB also revealed at L.E.A.P. that it plans to release “Star Wars: Project Porg,” an augmented reality experience for the Magic Leap One headset, in time for the December holiday season. Continue reading Magic Leap Unveils Updates, ILMxLab Plans AR Experience