If you're still using the full 180/360° then it doesn't work because you're constantly "teleporting" around the room, and close-ups are extremely jarring if you're just inches from someone's face. "Teleporting" is OK if you're watching something on a screen from a distance, it's totally disorienting if it's constantly happening to your entire surroundings.

On the other hand, if you're watching a movie on a virtual IMAX-sized screen that still has edges, then it's totally fine. I'm just saying that full VR immersion does not work for movies/TV.