"The Ministry of Internal Affairs and Communications [of Japan] will set up an industry-academia-government research and development unit this year that will work to commercialize virtual reality television by 2020, the Nihon Keizai Shimbun reported Tuesday.
VRTV will allow three-dimensional images that can be viewed from any angle with a quality equivalent to that offered by high-definition TVs, in addition to letting viewers feel and smell the objects they are watching, the business daily said."
--Japan Today via We Make Money Not Art