The future of Cinema-Cannes and Netflix to determine the future of cinema?

http://www.telegraph.co.uk/news/2017/05/10/cannes-film-festival-goes-war-netflix-fight-future-cinema/

VR and 360 videos-

Chance upon these 2 sources that discuss the future of media making ( I should stop using the word filmmaking- how many people actually get the chance to make a film?) Back to class discussions last week, we don’t have any clue how the media industry would be like (Well, we could watch “Back to the Future” for some inspiration) Everything is interrelated, new inventions such as VR draws aspects of Gaming and technologies to form a new invention. We may be unfamiliar with VR when it first launch.. At the same time, we are not completely unfamiliar with it. It may be a new experience in gaming but some conventions remains.