Netflix is taking a wait-and-see approach to virtual reality

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Netflix was one of the first video-streaming services
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, when it introduced a 360-degree app that let users step into a virtual room to watch movies or TV shows on a Gear VR. Then, a year later, it launched a version of that application
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, but the company has been relatively quiet in the VR space ever since. The reason for that, simply put, is that Netflix doesn't see the technology as a priority -- at least not right now. Speaking at a media event inside the company's Hollywood headquarters, Chief Production Officer Greg Peters said that Netflix is only focused on seeing how VR systems evolve at the moment.

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