A worrying number of services, technologies and even entire subsets of video markets hinge on the arrival of 5G and some businesses will crash out before they even get a sniff. One video industry in particular was on the receiving end of a major incentive at the end of last week – as the 3GPP Codec and Media Working Group completed work on support for 360-degree VR video streaming services within Release 15. Just a few weeks after Mixed Reality headset developer Magic Leap seemingly packed its consumer bags for pastures new, one of the latest in a series of setbacks for virtual and augmented reality projects, the latest development is a well-needed source of reignited enthusiasm. The 3GPP specification…