What makes it special is that it will be a place where all of Technicolor's disciplines -- from the movie and television team, to those who work with satellite and cable providers -- meet to work together on VR and AR projects. The media center will be led by Marcie Jastrow, who has been named Senior Vice President of Immersive Media for Technicolor.

"We feel that the big differentiator for the Technicolor Experience Center revolves around the fact that Technicolor owns neither content, nor the distribution pipeline," Jastrow told Engadget. "This puts us in the unique position to create a new open community that is agnostic and can leverage best practices to meet the challenges and opportunities that immersive experiences will demand."

Upcoming VR releases for Suicide Squad and the Ben Hur remake are examples of the type of content the media center will produce. However, both projects won't replicate the films. Instead they will be short scenes that will promote the movies.

"The brief VR scenes highlight what it is like to be 'inside' the stories of Suicide Squad and Ben-Hur," Jastrow said. "In these cases, the scenes have been created specifically for the VR experience."