MTV's new online strategy: virtual reality TV
MTV, pioneer of all things edgy on cable TV, has been caught flat-footed by the MySpace revolution. But the network is now poised to go virtual in a particularly intriguing way, reports Richard Siklos of The New York Times.

This week, the network will launch "Virtual Laguna Beach," a massively multi-player virtual reality game based on its TV show "Laguna Beach: The Real OC." As far as The Browser knows, this is the first example of virtual reality TV. The notion has that eerie "this is probably what the future will be like" quality. "You can not only watch TV, but now you can actually live it,” said Van Toffler, president of Viacom's MTV Networks unit, to The Times.

Sure, it's a bit of stretch to think an aging cable-TV outfit inside a major media empire won't screw up its virtual reality efforts, but the idea makes sense. And Om Malik notes that it's the first of three such virtual extensions planned by Viacom, where octogenarian boss Sumner Redstone recently axed Tom Freston for having missed the MySpace boat.

Here's the best part, though not likely to completely reassure God-fearing parents in the Midwest: Unlike some more racy virtual reality games, Virtual Laguna, built by Makena Technologies, will limit the "physical" contact between avatars to kissing.
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.