#rec-room

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#profitability #vr-market #shutdown #gaming #social-gaming #financial-struggles #vr #vr-gaming #game-shutdown
Games
fromFast Company
3 days ago

Rec Room is shutting down, despite the popular game reaching over 150 million users. Here's why

Rec Room is shutting down in June due to unsustainable profitability despite having over 150 million players since its launch in 2016.
Venture
fromTechCrunch
3 days ago

Social gaming platform Rec Room, once valued at $3.5B, is shutting down | TechCrunch

Rec Room will shut down its platform on June 1 due to financial struggles despite having over 150 million players.
Video games
fromEngadget
3 days ago

Rec Room, a Roblox-style VR game, is shutting down

Rec Room is shutting down due to profitability challenges despite having over 150 million users.
fromKotaku
3 days ago

Rec Room Shutting Down Soon After 10 Years

"Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business. Our costs always ended up overwhelming the revenue we brought in."
Games
fromThe Verge
3 days ago

150 million users later, Roblox competitor Rec Room is shutting down

"We never quite figured out how to make Rec Room a sustainably profitable business, and our costs always ended up overwhelming the revenue we brought in."
Video games
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