Well yes, evebtually. There is just so much that VR makes possible that cant be ignored. But most of that is like 5-10yrs away. Vr is goinf to do for entertainment what the TV did too back then.
Imagine watching a live sports broadcast and not only be able to choose your zoom level of the action, but to be able to turn around and look at the spectators too. Or a moto GP race and be able to turn around and see what even the rifer cant see with the action constantly as close as you want it to be. Or a movie with a war scene and be able to use a follow cam and constantly see everything happening around you. Or go for an open house session from your living room.
The price and ease if use has to come down first though.