The police have arrested a man suspected of destroying Donald Trump's Hollywood Walk of Fame star.

According to The Hollywood Reporter, the man's identity has not been released. He was arrested on a charge of felony vandalism.

On Wednesday, a man who identified himself as James Otis vandalized Donald Trump's star in Los Angeles. It's unclear whether the man in police custody is Otis.

Otis had said he was willing to face his punishment for the crime.

"I think I'll have to handle the consequences of what I've done," Otis told Deadline on Wednesday. "I will gladly pay the money if I have to, and if I must go to jail, I will."

Deadline reported that vandalism carries a sentence of up to three years in jail and upward of $10,000 in fines in California. And the Hollywood Chamber of Commerce, which administers the Walk of Fame, has said it wants the guilty person punished to "the full extent of the law."

"I'm happy to go to trial," said Otis, who also said he planned to turn himself in to the Los Angeles Police Department.

At about 5:45 a.m. on Wednesday, the man who identified himself as Otis was seen on video using a sledgehammer and a pickax to destroy Trump's star. He said he had hoped to be able to remove the star and auction it off to benefit the women who are accusing the Republican presidential nominee of sexual misconduct.

This isn't the first time Trump's star has been vandalized. In January, someone spray-painted a Nazi swastika on it.

SEE ALSO: A man obliterated Donald Trump's star on the Hollywood Walk of Fame

DON'T MISS: How the vulgar Donald Trump tape from 2005 was discovered at NBC and leaked to the public

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NOW WATCH: Watch this Italian artist use a tractor to make a giant portrait of Donald Trump

Last Friday, it was announced that "Atlanta" star Donald Glover will play a young Lando Calrissian in the upcoming Han Solo "Star Wars" movie. 

Glover went on "The Ellen DeGeneres Show" on Wednesday and he talked a little about being cast.

"I've very honored. It's a very big deal," he said. "That was the first toy I had, Lando."

Glover said that the first call he made after getting the news was to his father, but it was his mother that had some words of advice.

"I told my dad immediately and my mom was in the back like, 'Don’t mess it up, don’t mess this up!' Because Billy Dee, that’s hers," Glover said, referring to the actor who played the Calrissian character in the original "Star Wars" trilogy, Billy Dee Williams. 

The untitled Han Solo movie will be released on May 25, 2018, and will star Alden Ehrenreich as a young Han Solo. 

Watch Glover talk about the Lando casting on "Ellen" below:

SEE ALSO: The 23 best horror movies you can watch on Netflix right now

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NOW WATCH: Here's everything we know about 'Westworld' — HBO's mysterious new sci-fi series

For over five decades and 70-plus movies, German director Werner Herzog has given us some of the most powerful stories ever put on-screen. At 74 years old, he has no plans to slow down.

Known for his on-the-fringes tales ranging from the fictional ("Fitzcarraldo") to the documentary ("Grizzly Man"), Herzog's latest is no different. In "Into the Inferno" (available on Netflix October 28), teaming with volcanologist Clive Oppenheimer, Herzog travels the globe to look at the majesty of active volcanoes. His journey leads him even to North Korea, where he's able to capture visuals of the country that have never been shown to the Western world before.

Business Insider talked to Herzog about getting into North Korea, his attempt to interview Kim Jong-un, his desire to be a Bond villain, and why he believes he's the only director in the industry who is "clinically sane."

Jason Guerrasio: With the backdrop of the US election and conflicts among countries and religions, it's fascinating that something like a movie on volcanoes can be so powerful. Did you get that sense?

Werner Herzog: No. [Laughs] I wouldn't make a connection between the daily news and volcanoes. It was a subject that was dormant in me for a long time and it popped up 40 years ago when I made a [short] film on the Caribbean island of Guadeloupe about a volcano that was about to explode and a single farmer refused to leave ["La Soufrière"]. Ten years ago in Antarctica shooting "Encounters at the End of the World," I met a very fine volcanologist from Cambridge University [Clive Oppenheimer] and we kept talking about doing a film and all of a sudden it became serious when he hinted at the possibility to film in North Korea. That was actually our very first shoot and it's almost impossible to enter North Korea with a camera as a professional. It was an extraordinary coincidence and an extraordinary chance that I wouldn't like to let pass.

We actually started filming in North Korea when no financing was secured at all. We just went out and did it.

Everything you see in North Korea, it's all propaganda, but it's all connected to the volcano.

Guerrasio: In some ways, was being able to shoot in North Korea more interesting than the volcanoes angle? 

Herzog: Well, it had to be about the stories and the people who live under the volcano, what kind of new gods do they create? What sort of demons? And of course North Korea falls clearly into this category since the socialist revolution at the end of the Second World War. Somehow they adopted the myth of the power and dynamics of their volcano [Mt. Paektu] at the boarder with China and somehow transferred it to the leadership and the dynamics of their revolution. So everything you see in North Korea, it's all propaganda, but it's all connected to the volcano. Public life is constantly aware of the volcano.

Guerrasio: Did you try to meet North Korean leader Kim Jong-un?

Herzog: Yes. There are photos of Kim Jong-un right up atop the volcano. I actually wrote a letter to him asking if I could speak on camera. I never got an answer. But what was interesting was the people who were responsible for us, our "guards," it took them two days to figure out how I should address him. "President? No, you can't because there's a president for eternity." And it was a time when his status was still in flux. Only a few months later there was this party congress which assigned an official title to him, but that was after we did our film.

Guerrasio: So what did you end up addressing him as in the letter?

Herzog: I do not recall, but it was complex. "Dear young leader of the people and chairman of the joint military commission" or something like that.

Guerrasio: What would have been the major question you would have wanted to ask him?

Herzog: I don't know, but it would have been fascinating. And nobody has been able to do it so if he invites me to do some appendix for the film I will fly to North Korea and of course speak to him on camera. But it's an illusion, it's not going to happen.

Guerrasio: What was the biggest highlight of your time in North Korea?

Herzog: I was able to persuade them to let me shoot in areas that were beyond the volcano itself. Beyond the joint scientific program between Cambridge University and North Korean scientists. I was able to film in a kindergarten, subway, other things you would not normally be allowed to do.

Guerrasio: Did they need to see your footage before you left the country?

Herzog: Yes. The deal was we had to have people accompanying us and they would ask us not to film something. For example, we wanted to film at a certain place and there happened to be a building under construction and it didn't look as fancy as the other buildings, so they wanted us to shoot where everything looked finished and made a good impression of the cityscape. It wasn't that important so I agreed. And I couldn't roam wildly and speak secretly with villagers. No way you could do that. And honestly, I didn't even try. I was realistic of what I could do and yet persuaded them into accepting numerous things that I shouldn't have filmed.

Guerrasio: You have said that looking inside a volcano gives you a sense of awe. Did it become hypnotic? Were you interested in getting closer to the lava?

Herzog: Not for me because I think I'm a prudent filmmaker and Clive and I figured out that I'm the only one probably in the film industry who is clinically sane. I say that as a joke, but there's a grain of truth to it. I'm not a stupid daredevil who jumps into the crater of the volcano to get the closest close-up, I'm not one of those. And you have to be aware that you have a crew with you and you are responsible.

Guerrasio: Do you feel you've always been like that as a filmmaker?

Herzog: Yes.

Guerrasio: Even making "Fitzcarraldo"? "Burden of Dreams," the documentary that shows the making of the movie, shows you as a maverick filmmaker who took chances — some would call them careless.

Herzog: The daredevil aspect to what I did there is moving a monstrously big ship over a mountain in the jungle of Peru with 800 or 900 or so native people from the area. So that idea was wild but the way it was executed was prudent. Nobody was ever hurt and when it became clear that we had to be more secure with the posts that would hold the ship, I spent 12 days having a post built that would have withstood the force of 10 times the weight of my ship.

Guerrasio: Do you regret doing the rapids scene on the boat in which your cameraman was injured?

Herzog: My crew actually said, "We have filmed it from outside on the rocks of the shore. We should be on board [the ship]," and I said it's dangerous, I only do it if you cinematographer Thomas Mauch and you actor [Klaus] Kinski decide on your own. If you really want to do it, I'm going to do it. And of course in this case the cinematographer injured his hand, it was badly cut, but you have to see my work as a whole. I have made 70 or so films. In all my films not a single actor, a single extra, was hurt. Not one. So statistics are on my side when I say I'm clinically sane.

Guerrasio: How was it working with Netflix. Did they give notes?

Herzog: No, I had complete freedom. They knew roughly what I was doing. They knew I was going to North Korea and Ethiopia and Iceland. They saw the film and liked it and that was that. They trusted me in a way that was very, very pleasant. The beauty of Netflix is on the 28th of October they push a button and the film will be in 190 countries at the same moment in 17 languages.

Guerrasio: I know you still dabble in acting —

I think I would be a good villain in a James Bond movie.

Herzog: I don't dabble, I'm good at acting.

Guerrasio: Oh. My apologies.

Herzog: As long as I have to play a villain. No, I'm joking.

Guerrasio: But have you been interested in doing a studio role since "Jack Reacher," in which you played the villain Zec?

Herzog: If the part is really good of course I would like to do it. I love everything that has to do with cinema: writing a screenplay, directing, editing, acting, you just name it. I think I would be a good villain in a James Bond movie. They were fairly weak, the last half-dozen of villains in James Bond movies were not that convincing. [Laughs]

Guerrasio: Did you get any big offers for roles after "Jack Reacher"?

Herzog: Yes, but the parts I didn't like, most of it was silly.

Guerrasio: Can you reveal any?

Herzog: No, they were silly stuff. But "Jack Reacher" was easy because the function of the villain was just to spread fear and horror.

Guerrasio: You were very good at it.

Herzog: Yes, on-screen. In private I'm not. You will have to ask my wife. She maintains I'm a fluffy husband.

Guerrasio: You live in LA. I don't know if you watched any of the last debate, but has our election interested you at all?

Herzog: [Laughs] I'm not a citizen of America, I cannot vote. But it is fascinating because there's a new kind of protagonist out there that we didn't expect. By the way, I'm not in any panic at all.

Guerrasio: Would you ever want to make a documentary about this election?

Herzog: No. The elections have a different platform, the town hall is the platform for it. But the other question behind all this is should I run for president? [Laughs]

Guerrasio: Are you announcing something right now?

Herzog: No, I'm just joking. I wanted to end this on a funny note.

SEE ALSO: 29 celebrities who love and endorse Donald Trump

Join the conversation about this story »

NOW WATCH: 'Shark Tank' investor Robert Herjavec reveals the biggest mistakes small businesses make

Halloween is right around the corner, which means you're probably desperately searching for last-minute costume ideas. But that's no excuse for being unoriginal.

Every year, there are those costumes that you can't seem to escape. How many Pizza Rats and "Hotline Bling" Drakes did you see last year? Exactly.

Here are 16 pop-culture costumes to avoid if you don't want to look like everyone else:

SEE ALSO: Here's why Donald Trump's skin is so orange

DON'T FORGET: Follow Business Insider's lifestyle page on Facebook!

Harambe had some serious longevity as a meme, but you'll still get a ton of eye rolls if you stroll into a party wearing a gorilla costume and holding a toy doll.

A Donald Trump costume may seem like a good idea, but you might get some angry stares.

Hillary Clinton is just too obvious a choice to be acceptable this Halloween.

Twitter is shutting down video-sharing service Vine "in the coming months," the company announced Thursday. Vine, which lets you share short video clips, debuted in 2013. Twitter acquired Vine in 2012 before the service had even launched.

The news comes the same day Twitter announced it would lay off more than 300 workers, or 9% of the company's global workforce, within the company's sales, partnerships, and marketing teams.

"Nothing is happening to the apps, website or your Vines today," Twitter said in a release, adding that users will be given a heads-up and be able to download their Vines before the app shutters for good.

Twitter will be keeping Vine's website up indefinitely. "We think it’s important to still be able to watch all the incredible Vines that have been made," the company said.

"Don’t sell your company!" Vine cofounder Rus Yusupov, who was laid off from Twitter in October 2015, wrote in a tweet.

Vine has struggled to retain its top creators. By July, over half of Vine's top 9,725 accounts had either deleted their profiles or stopped posting to the platform since the start of 2016, according to research by Makerly. This data corroborated an earlier report in The Wall Street Journal that Vine’s stars were leaving for competitors like Facebook, Instagram, and YouTube. One, Cameron Dallas, even snagged his own Netflix show.

At the time of the report, Twitter told The Washington Post that Vine was still "an important part of our strategy."

While Vine was a pioneer in short-form video, and popularized the 6-second loop, it failed to innovate on top of this core offering and protect itself from rivals.

Vine's shutdown comes at a time of unrest for Twitter, with stagnant user growth and swirling rumors of a sale.

Companies that have reportedly taken a look at snapping up Twitter in recent weeks included Disney, SoftBank, Google, and Salesforce. There are reasons some suitors are wary. Salesforce CEO Marc Benioff said he walked away from a deal owing to Twitter’s price, work culture, and the amount of abuse on the site.

Here is the full statement from Twitter:

Important News about Vine

Since 2013, millions of people have turned to Vine to laugh at loops and see creativity unfold. Today, we are sharing the news that in the coming months we’ll be discontinuing the mobile app.

Nothing is happening to the apps, website or your Vines today. We value you, your Vines, and are going to do this the right way. You’ll be able to access and download your Vines. We’ll be keeping the website online because we think it’s important to still be able to watch all the incredible Vines that have been made. You will be notified before we make any changes to the app or website.

Thank you. Thank you. To all the creators out there — thank you for taking a chance on this app back in the day. To the many team members over the years who made this what it was — thank you for your contributions. And of course, thank you to all of those who came to watch and laugh every day.

What’s next? We’ll be working closely with creators to make sure your questions are answered and will work hard to do this the right way. We’ll be sharing more details on this blog and our Twitter account, and will notify you through the app when we start to change things.

—Team Vine & Twitter

Additional reporting by Lara O'Reilly and BI Intelligence.

SEE ALSO: Facebook and YouTube are killing Vine: Half of Vine's top 9,725 accounts have now deleted their profiles or stopped posting

Join the conversation about this story »

NOW WATCH: Twitter will lay off more than 300 employees to cut costs

Twitter announced Thursday that it is shutting down video-sharing service Vine "in the coming months." 

We unearthed Donald Trump's Vine account from 2013. He wasn't active for very long, but in his short stint on the social account he addressed Obama, Miley Cyrus, and ripped Anthony Weiner. 

Follow BI Video: On Twitter

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NBC and Donald Trump have been intertwined in a very prickly relationship for three decades. When it was good, it was really good. But then it got so bad, it was broken up.

Trump and NBC's relationship has never been so embattled as during his presidential run. All that culminated a few weeks ago when the NBC Universal-owned "Access Hollywood" unearthed a tape of Trump saying lewd, aggressive things about women.

It would've been much more simple if that was all the recording contained, but it also involved newly hired "Today" show cohost and NBC's rising star Billy Bush as Trump's wingman. 

As a result, Trump and NBC's relationship has reached a new low, and some argue NBC could sink Trump's chances of winning the election with its Billy Bush tape, years after it made Trump a star.

Recently, Trump accused NBC and parent owner Comcast of "trying to poison the mind of the American voter."

Let's take a look at the history of NBC and Trump's thorny partnership:

SEE ALSO: How the vulgar Donald Trump tape from 2005 was discovered at NBC and leaked to the public

DON'T MISS: Donald Trump still refuses to concede that he didn't win an Emmy for 'The Apprentice'

1988: "Saturday Night Live" spoofed Donald Trump for the first time in a sketch called "A Trump Christmas," in which Phil Hartman played the real-estate mogul and Jan Hooks portrayed his then-wife Ivana. The show would spoof Trump many, many times over the years.

Source: NBC

2002: Donald Trump, who owned the Miss Universe Organization, decided to take its Miss Teen USA, Miss USA, and Miss Universe pageants from CBS to NBC. NBC began airing them every year.

Source:Quartz

2003: In search of a new reality show idea, NBC President Jeff Zucker met with Donald Trump for the first time. It would become a long and fruitful relationship for them both.

Source: TheWrap

Loving to cook isn't enough.

That's what celebrity chef and "Parts Unknown" host Anthony Bourdain tells John Sellers at Thrillist about making it as a chef.

When Sellers asked him about whether the explosion of cooking shows in the past few years has created a "false impression" of working in a kitchen, Bourdain said it was likely.

"... Anybody who goes in laboring under the assumption or thinking it's going to be easy or glamorous is going to be very, very quickly dissuaded," he told Thrillist. "They were not going to last. But that was always the case. There are always delusional people who thought it would be a great idea, who decided to 'follow their passion.' This was always a lethal instinct. Or almost always a lethal instinct."

He went on to say that, by 35, "you're going to be grandpa in the kitchen" doing "physically hard" work and "getting paid sh--, if you're lucky, for the first few years." 

Bourdain, who just published his newest cookbook, Appetites, continued:

"And if you want to be really good, then you will insist upon getting paid sh--, because what you should be doing is working for somebody really, really good for as close to nothing as they're willing to give you, in return for the experience.

"So that's something that I think it would be useful to point out. That if you have a good job, you're 35 years old, and you think it's going to be easy, or that you're going to make a good living, you at least need a realistic picture of what the business is really like before you make a jump or a commitment like that."

Bourdain, now 59, is one of the few who started from scratch and became an enormous success in the field — and relatively late, at that. The best-selling memoir that led to his becoming a household name, "Kitchen Confidential," was published in 2000, when he was 44 years old.

"I know the guy who wrote 'Kitchen Confidential' very well," Bourdain told Business Insider in April. "He's not me anymore. I'm not boiling with rage. I don't live in this tiny, tunnel-vision world. I had such a limited view of what reality was like outside of the kitchen doors — I had no clue! I never lived with normal people. I lived in the restaurant universe for my entire adult life. I'm no longer the star of the movie. At all. That's it! It's a huge relief in a lot of ways."

He knows that he's the exception to the rule, as a chef who started in the kitchen and has become a celebrity. "I work really hard to not ever think about my place in the world," he told Business Insider. "I'm aware of my good fortune."

He continued to Thrillist:

"I mean, I admire anyone who wants to cook and knowingly enters the field. It's a hard thing. But, you know, look before you leap. Because I've seen that so many times, kids coming out of cooking school and working in my kitchens, and literally two weeks in, you see it. You look behind the line, and you can just see the dream die. This terrible information sinking in, like, "Oh my God, this is nothing like they told me it was going to be."

That might be in part because, as he said, there's very little romance in becoming a professional chef. "The true god of the restaurant business, of professional cooking, is not brilliance and creativity," he told Thrillist. "It's consistency."

Read the full interview at Thrillist »

SEE ALSO: Anthony Bourdain discusses the new season of 'Parts Unknown,' his favorite restaurants, and how he went from outsider chef to the top of the food world

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NOW WATCH: This is how often guys should wash their hair

One of the biggest games in the world is heading to Apple's set-top box: "Minecraft"!

Despite being a game owned-and-operated by Apple rival Microsoft, the game is the latest addition to Apple's little TV box. It's been on iPhone and iPad for years already, so why stop there?

The version of "Minecraft" showing up on Apple TV — which Apple CEO Tim Cook says will be available by the end of 2016 — is the "Pocket Edition" that's already available on phones and tablets. That version is slightly truncated from the version available on game consoles and PC/Mac — you can't play on worlds that are quite as large as they are on other platforms, for instance. Not a huge deal, but something to be aware of if you're a "Minecraft" superfan.

In so many words: Given the lack of beefy processing power inside of the Apple TV box, "Minecraft" on Apple TV isn't as fully featured as the version featured on game consoles and PC/Mac. You'll need to own a separate gamepad to play "Minecraft" — the Apple TV remote is capable of serving as a (rudimentary) controller, but "Minecraft" requires more inputs than the little remote is capable of providing.

Apple didn't offer a price, or a specific release date, but the version of "Minecraft" available on iOS right now costs $6.99.

SEE ALSO: Apple's plan to own your TV is becoming clear

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NOW WATCH: Billionaire Minecraft founder Markus Persson proves money doesn’t buy happiness

Apple has announced a new Apple TV app that it says will bring all your shows and videos into a central app.

It's simply called "TV," Apple CEO Tim Cook revealed on Thursday.

Basically, the app is designed to tie together whichever services you have, whether HBO, Showtime, or CBS, and provide you with one place to find new shows to watch and pick up where you left off.

It will also be available on your iPad and iPhone when it arrives in December.

In the TV app, you'll be able to browse categories that will include "hand-curated" collections by Apple's editorial team. Beyond hooking into services you already have, TV also has a section called the Store, which let you buy new shows or movies or sign up for premium services like Starz or Hulu.

The big player not on Apple's new app was Netflix, which told Business Insider it was still evaluating the opportunity.

On Thursday, Apple also showcased its "live" Apple TV abilities, which use Siri to drop you into live events like sports (by channel or by event name).

Apps and TV

This app fits neatly into Apple's new plan for TV, which revolves around building an advanced TV guide rather than creating its own TV package, as industry sources told Recode's Peter Kafka in August.

Last year, Cook said the "future of television is apps," a refrain that has been repeated by Apple execs since then (Cook repeated it again Thursday). But navigating separate apps is a horrible way to watch TV, and it seems that Apple knows this. Most people don't want to navigate the 8,000 different Apple TV app menus and designs, each ostensibly tailored to the type of TV content that lives within it.

Apple sees room to innovate, and it seems to be building toward an Apple TV that serves as a universal search, browse, and suggestion platform that fetches you the right content — as fast as possible.

SEE ALSO: AT&T's new streaming TV service will give you 100+ channels for $35 a month

Join the conversation about this story »

NOW WATCH: An Apple demo froze during the big WWDC keynote and nobody noticed

Megyn Kelly, a rising star anchor at Fox News, is in the middle of active negotiation over her expiring contract at the network, The Wall Street Journal reported Wednesday.

Kelly's public profile has increased substantially during the 2016 presidential election, in which she has been seen as tougher on Republican candidate Donald Trump than some of her Fox News peers.

The Journal reported that sources say in talks over a potential new contract with Fox News, Kelly is asking for "north of $20 million" a year, which would put her on level with Bill O'Reilly, the current ratings leader at the cable-news channel. Kelly is second in ratings at the channel.

Kelly is set to make $15 million at the end of her current contract, which expires next year.

Rupert Murdoch, Fox News' chief executive, has made it clear he would like to keep Kelly, but "it's up to her." He says money isn't an issue, according to the Journal.

Speculation has swirled over whether Kelly might jump ship, possibly to CNN or even morning or afternoon television. She's set to be a guest cohost with Kelly Ripa on ABC's daytime talk show "Live with Kelly" the day after the election.

SEE ALSO: 29 celebrities who love and endorse Donald Trump

Join the conversation about this story »

NOW WATCH: 'Media rigging the election!': Trump slams SNL for mocking his debate performance

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Pioneering music broadcaster Boiler Room is partnering with Inception, a provider of 360-degree video and virtual reality entertainment, to create a venue in London to film and broadcast live music events in VR.

Since its unassuming debut in 2010, Boiler Room has grown into an iconic music platform.The company has produced shows and DJ sessions at secret locations across more than 100 countries, spotlighting local music scenes and events, in genres all across the spectrum from UK Grime to Detroit house, Montreal beats to Syrian folk music. 

This VR venue is a progression of Boiler Room’s mission to bring unique music events to millions of fans online by: 

• Recreating live Boiler Room events. Millions of people tune in to Boiler Room broadcasts to revel in music events they can’t attend in-person. Leveraging VR brings a new level of immersion to the spectator experience, and is the closest thing to teleporting fans to a Boiler Room event for real.
• Building a VR venue with content in mind. The venue is designed to tie in music and VR to create dynamic, interactive, two-way experience for viewers, rather than just a passive 360-video viewing experience.
• Building a VR venue with the artist in mind. Inception and Boiler Room are also designing the venue so that any artist can create a VR show. The aim is to provide a home for artists – musical and visual alike – to build live music VR experiences for the masses.
• Broadcasting in VR on multiple platforms. The venue will launch in early 2017, and streams will be broadcasted on Facebook, YouTube and inception’s platform. Boiler Room is also in talks with other technology partners and social platforms interested in being part of the project.

The tech industry has promoted the prospect of VR for the past few decades. But only now, with headsets backed by big names like Sony and Facebook, is VR finally becoming a concrete product with mass market potential. While VR technology is largely associated with the gaming industry, the platform offers a new set of content opportunities in entertainment, advertising, and more.

But where is it all going?

BI Intelligence, Business Insider's premium research service, has compiled a detailed report on virtual reality content that examines how various VR headset categories will shape VR content development and looks at the trajectory for mobile gaming revenues to get a sense of how spending on VR content might develop. The report also lays out what types of content users and developers can expect on VR platforms, including gaming, video entertainment, and advertising.

Here are some key takeaways from the report:

• VR headset manufacturers are driving both the development and distribution of VR content by investing significant technical and monetary resources in developers, in an effort to build up an exclusive content library.
• High demand for VR headsets by mobile and console gamers will fuel demand for VR content. The VR content market will take an increasing portion of the mobile gaming software industry.
• Beyond gaming, VR video entertainment will remain short form until demand for VR headsets increases.
• Ads featured on VR headsets will likely have higher view-through rates than standard video ad spots.
• Other industries are also beginning to experiment with VR content. Travel companies, publishers, e-commerce merchants, and social platforms are beginning to see potential in this new category.
• VR content faces major hurdles that could keep developers from investing: The VR experience must be good enough for people to take up the devices. In addition, developers need to know that a sufficient user base exists to be worthy of the resource investment in VR content.

In full, the report:

• Provides a breakdown of each type of VR headset, what platforms they run on, and how content will differ for each.
• Includes estimates for global VR headset shipments by category.
• Includes a mobile gaming forecast to give a sense of the most important market that will drive spending on VR content in the next five years.
• Lays out what other industries are developing VR programs.
• Discusses some of the potential barriers that could dissuade developers from investing in VR content.

To get your copy of this invaluable guide to the VR universe, choose one of these options:

1. Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP
2. Purchase the report and download it immediately from our research store. >> BUY THE REPORT

The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the world of VR.

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Rejection can feel genuinely devastating.

But as some of the world's most successful people prove, failure is often par for course.

Grit, perseverance, resilience— whatever you call it, many influential people show that the key to success is the ability to embrace failure and adapt to change change with confidence.

For a little inspiration, we've put together a list of indisputable successes, from movie stars to scientists, who had to rebound from massive failure before they found fame and fortune.

Scroll on to see the underdogs who went on to change the world.

Rachel Sugar contributed to an earlier version of this article.

SEE ALSO: 19 highly successful people who prove it's never too late to change careers

DON'T MISS: 10 real rejection letters successful people have received

Best-selling author J.K. Rowling was a single mom living on welfare when she began writing the first 'Harry Potter' novel

Before her Harry Potter series sold more than 450 million copies, won innumerable awards, was made into a hit movie franchise, and transformed Rowling's life, she lived in a cramped apartment with her daughter, jobless and penniless, and felt like the biggest failure she knew.

Rowling has said she received "loads" of rejections from book publishers when she first sent out her "Harry Potter and the Philosopher's Stone" manuscript, and she tweeted that she pinned her first rejection letter to her kitchen wall because it gave her something in common with her favorite writers. "I wasn't going to give up until every single publisher turned me down, but I often feared that would happen," she said.

London publishing house Bloomsbury finally gave her book the green light in 1997, and she is now one ofthe world's top-earning authors.

Famous comedian Jerry Seinfeld suffered several setbacks before his big break

In Judd Apatow's book, "Sick in the Head — Conversations about life and comedy," Seinfeld recalls that the very first time he performed stand up, he bombed.

Though he had rehearsed his material thoroughly the night before, when he stepped out on stage, he couldn't remember a word of his act. "I stood there for about thirty seconds ... saying absolutely nothing, just standing there, freaking out. I just couldn't believe it."

After improving his stand-up act, the comedian earned a small role on the sitcom "Benson." But, according to the New York Times, Seinfeld and the show's producers clashed over the character's direction, and he was fired after only four episodes.

Unfortunately, no one bothered to tell Seinfeld he'd been cut, according to "Jerry Seinfeld: Much Ado About Nothing." Seinfeld showed up for a read-through of the script one day and found there was no copy waiting for him. The assistant director pulled him aside and told him that they had neglected to inform him he was no longer on the show.

Seinfeld was humiliated, but he went right back to performing at comedy clubs. After one performance, a talent scout for the "Tonight Show" was in the audience. Seinfeld landed a gig on the show and his career immediately took off.

"Keep your head up in failure, and your head down in success," the comedian wrote in a Reddit AMA.

Walt Disney was fired from the Kansas City Star because his editor felt he 'lacked imagination and had no good ideas'

In 1919, Disney was fired from one of his first animation jobs at the Kansas City Star newspaper because his editor felt he "lacked imagination and had no good ideas," according to "The Wisdom of Oz."

That wasn't the last of his failures. Disney then acquired Laugh-O-Gram, an animation studio he later drove into bankruptcy. Finally, he decided to set his sights on a more profitable area: Hollywood.

He and his brother moved to California and began the Disney Brothers' Studio, eventually creating Mickey Mouse and Disneyland and winning 22 Academy Awards.

Mel Gibson is taking the steps to get back in the good graces of the Hollywood community.

Ten years after losing his star status in the movie industry following a leaked recording of him saying anti-Semitic remarks during a 2006 DUI arrest, his new directing effort "Hacksaw Ridge," starring Andrew Garfield, is generating Oscar talk and seems to be the beginning of a comeback.

Leading up to the release of the movie on November 4, the Hollywood Film Awardsannounced they will give Gibson a director honor, and he recently received a standing ovation at a screening of "Ridge" in Beverly Hills.

On Thursday, Variety's "Playback" podcast had an interview with Gibson in which he spoke candidly about the 2006 arrest and fallout from the recording.

“It was an unfortunate incident,” Gibson said on the podcast. “I was loaded and angry and arrested. I was recorded illegally by an unscrupulous police officer who was never prosecuted for that crime. And then it was made public by him for profit, and by members of — we’ll call it the press. So, not fair. I guess as who I am, I’m not allowed to have a nervous breakdown, ever.” 

Business Insider talked to a friend of Gibson, writer/director Shane Black, in the spring, and Black said he believes Gibson has "essentially been blacklisted in the industry."

Gibson feels it's time for people to move on.

“Ten years have gone by,” Gibson said on the Variety podcast. “I’m feeling good. I’m sober, all of that kind of stuff, and for me it’s a dim thing in the past. But others bring it up, which kind of I find annoying, because I don’t understand why after 10 years it’s any kind of issue. Surely if I was really what they say I was, some kind of hater, there’d be evidence of actions somewhere. There never has been.

“I’ve never discriminated against anyone or done anything that sort of supports that reputation,” Gibson continued. “And for one episode in the back of a police car on eight double tequilas to sort of dictate all the work, life’s work, and beliefs, and everything else that I have and maintain for my life is really unfair.”

Listen to the podcast here:

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Donald Trump's Walk of Fame star in Hollywood was quickly destroyed, and now it's quickly being repaired.

A man identifying himself as Jamie Otis on Wednesday used a pick-ax and a sledgehammer to shatter the Republican presidential nominee's star, which he got for his show "The Apprentice." Otis said he'd hoped to remove the star and sell it to raise funds for women who have accused Trump of sexual assault.

A suspect in the destruction who may or may not be Otis has been arrested.

Now the Hollywood Chamber of Commerce is immediately fixing the broken star, a process that will cost between $3,000 and $10,000, according to ABC News.

"It's mostly the cost of the labor," Leron Gubler, the president and CEO of the Hollywood Chamber of Commerce, told ABC News. "The stars are composed of the brass symbols and the terrazzo is concrete with marble chips, so it's a process. It takes quite a bit of work — several hours worth. It'll take several days to season before they can polish and restore it."

Gubler noted that only one other Walk of Fame star ever has been destoyed in a similar manner, one for the composer Carmen Dragon. He also said the Trump star will not be removed.

"Once a star is installed it becomes part of the historic fabric of the Walk of Fame. We have never removed a star in the 56-year history of the Walk of Fame," he said.

A tweet that went viral said, "While you call Latinos 'rapists and murders [sic]' here's a #Latino repairing your star." (It is not clear if the man in the picture is in fact Latino.)

SEE ALSO: 29 celebrities who love and endorse Donald Trump

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Nintendo's most popular console ever made, to this day, remains the original Nintendo Entertainment System.

You know which one I'm talking about — this adorably anachronistic box right here:

It isn't Nintendo's highest-selling console (that honor belongs to the wildly popular Nintendo DS), but it's the console that made Nintendo what it is today: the Disney of video games.

NES was the platform where millions of people first experienced "Super Mario," "The Legend of Zelda," and countless other gaming classics. It also set the standard for game consoles for years to come: a box that connects to your TV, with a straightforward gamepad attached.

Nintendo's follow-up, the Super Nintendo Entertainment System, took the mold set by the original NES and expanded it: more buttons on the gamepad, prettier graphics, and a slightly different console design. It was a major success, but faced competition from the likes of Sega's Genesis console. 

Then, with the Nintendo 64 and GameCube, Nintendo started branching out. Rather than traditional gamepads, the N64 added a thumbstick (now a standard) and the GameCube had a bizarre gamepad. It was a the first major console whiff (outside of the Virtual Boy) from the Japanese gaming giant.

Still, the GameCube — released in 2001 — is conceptually the same idea as the original NES: a game console that connects to your TV, that you play using a relatively traditional gamepad. The console still occupies a soft spot in the hearts of millions of people all over the world, despite being a sales failure compared with the competition (Sony's PlayStation 2 and Microsoft's first Xbox).

Everything changed with the Wii.

The focus was on intuitive controls, using an ultra-simple motion gamepad. Instead of pushing buttons, you could swing the remote like a tennis racket, or a baseball bat, or... you get the point.

Sure, the Wii remote could also be turned on its side and used (sort of) like a traditional gamepad, but that was far from standard. And sure, there was a separately sold "Classic Controller" that resembled a more normal controller — again, not the standard. Regardless, the Wii was a genuine phenomenon; it's the third highest-selling game console Nintendo's ever made, behind the original Game Boy and the Nintendo DS.

Nintendo doubled down on this high risk/high reward approach in its follow-up console, the Wii U. Except this time it didn't work.

The Wii U's big selling point was a tablet controller (seen above).

It wasn't intuitive to use, and it wasn't a well-designed tablet. It felt downright toy-like compared to stuff like Apple's iPad, plus it suffered from a terrible battery life. The Wii U also had a tremendously confusing name. "Is this an add-on for the Wii?" was a question on the minds of millions, and Nintendo did a poor job of providing a clear answer.

With Nintendo Switch — the new console from Nintendo that's set to launch in March 2017 — Nintendo's making a major return to form. 

You see that setup on the left? That's the home console version of the Nintendo Switch. You see the gamepad next to it? That's a pretty standard gamepad (even if it looks a bit on the square side). 

Here's what it looks like to play Nintendo Switch at home:

And here's what it looks like out in the wild:

No doubt these images look familiar.

That's because, even though the Switch is a new concept, it's the closest Nintendo's gotten to a traditional game console since the Nintendo GameCube. This stuff looks downright normal, even. That concept — "We're making a normal game console!" — was front-and-center in Nintendo's debut video.

It highlighted how you could take the console on-the-go, of course, but it showed people doing typical video game stuff: sitting on a couch playing a game on the living room TV, or using the handheld while in a plane.

See for yourself:

You'll notice that the core concept — play the same games at home and wherever else you want — is simple. No confusing gamepad to explain. No motion gimmicks. No talk of "software partners" or marketing strategy. Just a very straightforward pitch to folks who like Nintendo, who like video games, or both. 

And that's incredibly smart. Nintendo's strength isn't hardware gimmicks, or processing power — it's creativity. Simply put: People buy Nintendo hardware for Nintendo games. And with Nintendo Switch, Nintendo's demonstrating that it understands its strongest asset. 

We'll learn a lot more about Nintendo Switch in mid-January, when Nintendo says it'll unveil the price, release date, and launch games.

SEE ALSO: One number perfectly shows how excited people are for Nintendo's new game console

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It's official: eSports are all grown up.

Just look at Electronic Arts. Across the board, the interactive-software giant's games are more interactive than ever, from NFL Madden to NBA Live.

EA's massive FIFA series is a perfect example of the changes that e-sports have undergone. The FIFA games have become increasingly sophisticated, featuring more advanced gameplay modes and virtual tournaments.

This quality content from EA doesn't just provide fans with entertainment. It really taps into the joy of the game, which brings sports fans all over the world together. That's why we're so excited that Peter Moore, the chief competition officer at Electronic Arts, will be sharing his insight at IGNITION: Future of Digital, Business Insider's flagship conference. He will be speaking with Twitch CMO Kevin Lin about the future of eSports.

Moore and Lin will share their thoughts on the direction that this electronic entertainment is heading, as the industry " is a $892 million market, up 19% year-on-year (YoY), and will surpass $1 billion next year".

Don't miss Moore speak at IGNITION, which takes place December 5-7 at the Time Warner Center in New York City.

Other IGNITION speakers include Arianna Huffington, founder of Thrive Global; Julia Boorstin, CNBC senior media and entertainment correspondent; and Mike Dyer, president and publisher of The Daily Beast.

Sign up today before tickets sell out!

SEE ALSO: EA revenue beats estimates thanks to 'Star Wars' and FIFA

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Warning: Spoilers ahead if you haven't watched the season-seven premiere of AMC's "The Walking Dead."

Steven Yeun is handling the big twist for his character on Sunday's "The Walking Dead" pretty well.

Viewers were horrified when the show's new big bad, Negan (Jeffrey Dean Morgan), took another life when he executed Glenn (Yeun) because Daryl (Norman Reedus) was acting out.

But Yeun told Conan O'Brien he has already moved on.

"I'm okay. Actually, I got a new job already," the actor said on Thursday's "Conan" on TBS. "Actually, I stand in for you at rehearsal."

O'Brien then explained that he and sidekick Andy Richter don't come in for show rehearsals and O'Brien had recently heard the show found a stand-in for him. Well, Yeun is that guy.

The show then rolled a montage of Yeun on the job. He has O'Brien's lines down, gets his hair to a reasonably close height (and color), and has even found a stand-in for Richter (whom "TWD" fans will appreciate).

Watch the video below:

SEE ALSO: 'The Walking Dead' had a massive audience for its return

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On Tuesday, AT&T dropped the shocking news that its upcoming streaming TV package, DirecTV Now, would give you 100+ channels for a mere $35 dollars a month.

DirecTV Now will be delivered over the internet wherever you are — no cable or satellite required — and the $35 would also cover any mobile data you use while watching TV on your phone, AT&T CEO Randall Stephenson said.

If the package does turn out to be $35 per month, that's way below what Wall Street was expecting, which was around $50, according to analysts at Macquarie. It also seems to significantly undercut the price/value proposition of competitors like Sling TV and Sony's PlayStation Vue.

This announcement led many to ask the simple question, “How the heck can it be so cheap?” We consulted industry insiders and analysts to put together and set of answers to that question.

Here's what we found:

The catalog

The first thing to note is that though we know AT&T will be offering 100+ channels, the exact lineup has yet to be announced.

On Tuesday, Stephenson characterized it as “all the premium content you like to watch,” and followed that up with, “This isn’t the junk nobody wants.”

That seems to be generally true from what we know. AT&T has already signed deals with HBO, Discovery, NBCUniversal, Turner, Viacom, Disney, AMC, Scripps, Starz, and so on. The two big ones outstanding deals are Fox and CBS — though Stephenson mentioned Fox on stage Tuesday, so it seems like a done deal.

AT&T will probably have all the big guns on board when DirecTV Now launches in November (and ESPN appears in an ad for the service, a question some had).

But still, that catalog of 100+ channels will likely be a mix of marquee and throwaway ones, and we don’t yet know the exact composition.

Scale

To get all these networks onto DirecTV Now, AT&T has signed a string of new “multi-platform” deals in the last few months, which span both satellite TV and streaming. Some of those deals were slated for renewal, but others were done expressly to launch DirecTV Now.

While DirecTV Now is being priced at $35 per month, this doesn’t mean AT&T paid less to get streaming channels on the package than it does on its traditional pay TV packages.

“Media companies wouldn't expect a different price point [on the streaming deals],” RBC analyst Steve Cahall tells Business Insider. Contrary to what happens in licensing deals for older TV shows, with streaming services like Netflix, AT&T can't pick up these channels on the cheap for DirecTV Now.

That said, one thing that could have helped AT&T get a better price is its scale. The pricing on these types of deals depends on volume, Cahall says. This could give AT&T an advantage over competitors reportedly looking to jump into the market, like Hulu and Google.

A report on Wednesday from MoffettNathanson estimated that DirecTV Now could snag 11 million subscribers.

Here’s the potential breakdown: 2 million cannibalized from DirecTV, 6 million from other pay TV, and 3 million “cord-cutters.”

The 2 million subscribers transferred from DirecTV’s traditional packages should be a concern, but 11 million is a huge number, especially considering the current market leader, Sling TV, recently passed the 1 million subscriber mark, according to Bloomberg.

That's big-time scale.

'Thin' versus 'Thinner'

A relatively good deal with networks won’t, however, be enough to give AT&T the profit margins it is used to with DirecTV.

MoffettNathanson estimated that the profit margin on DirecTV Now would be $1 per subscriber, a staggering drop from the $60 per subscriber on DirecTV’s satellite plans, according to Variety.

One way AT&T says it will improve its margins is by ditching legacy equipment like satellite dishes, and drastically decreasing its customer acquisition costs.

At a recent Goldman Sachs conference, Stephenson said DirecTV Now will have “thinner” margins, but not “thin” ones. “This is a very, very low-cost customer acquisition product,” he said.

Advertising evolution

Looking forward, AT&T sees advertising innovation as another way to cut costs.

At launch, DirecTV Now will have a mix of ads sold in the traditional way (by the network), and ads inserted by AT&T in a more dynamic way. This is similar to how it works on competitor Sling TV.

The thesis is that with AT&T’s massive trove of user data it can provide ads that are less intrusive and more relevant — the grand promise of digital advertising. If proves correct, it would make the ad space worth more.

And AT&T wants to experiment experiment with “new ad support models,” Stephenson said Tuesday, with the goal being to “defray content cost escalations.”

A piece of that puzzle is AT&T's attempt to acquire Time Warner for $85 billion. “Time Warner is going to be the launching pad for innovation,” Stephenson said, mentioning ads and a-la-carte pricing models.

To make a $35 per month package work economically, especially with the margins DirecTV is used to, it seems that innovation will be necessary.

SEE ALSO: AT&T's new streaming TV service will give you 100+ channels for $35 a month

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On Thursday's "Late Night," Seth Meyers took a closer look at how Donald Trump's controversial rhetoric and alienation of women voters could potentially "cripple" the Republican Party "for years to come."

"Less than two weeks away from the presidential election, one of our two major parties is now openly antagonizing the single biggest constituency in America: women," Meyers said. "And instead of running away from his reputation as a groper, Trump is actually leaning into it." 

He then cut to a clip of Trump getting "handsy" with the American flag earlier this week (see above). 

"That image pretty much sums up the current state of the Trump campaign: clumsy, fake patriotism, and unwanted physical contact," Meyers joked. 

The "Late Night" host then ran through a series of clips that showed how the attitudes of Trump and his male Republican surrogates continue to alienate female voters.

From Newt Gingrich telling Fox News' Megyn Kelly that she's "fascinated with sex" in an interview this week, to a recently unearthed and vile interview of Trump joking that the only thing he has in common with his daughter Ivanka is "sex," Meyers demonstrated how the GOP to his mind now embodies "toxic masculinity and male entitlement" to a detrimental extent. 

Watch the segment below:

SEE ALSO: Seth Meyers: Donald Trump 'doesn't even seem to know' what Obamacare is

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