Most VR video isn't immersive in the truest sense. You can spin around, but you can't lean forward or step to the side to get a better view. Facebook and RED are helping to fix that -- they're partnering on an "all-in-one" camera that offers six degrees of freedom for 3D and 360-degree video capture. The team-up will combine Facebook's depth detection technology with RED's low-light performance to record all the 3D information in a scene (not just those in well-lit areas) to give you the freedom to walk around in a video.
Source: Oculus