“Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business,” the company said in a statement. “Our costs always ended up overwhelming the revenue we ...

Rec Room, the multiplayer VR video game that enjoyed niche popularity with millions of loyal players worldwide, is shutting down. The Seattle-based eponymous developer behind the game announced Monday ...

Rec Room is shutting down in June The popular metaverse platform struggled to turn its success into profit Snap is reportedly buying up some Rec Room assets Rec Room — a popular VR multiplayer ...

The Seattle social gaming platform, once valued at $3.5 billion, shuts down at noon Pacific today after a decade and 150 million players. Fans are marking the end with tribute videos, yearbook-style ...

Over the past decade, Rec Room reached over 150 million players worldwide. But despite its popularity, developer Rec Room Inc. was never able to make a profit. “We never quite figured out how to make ...

The Roblox-like VR title Rec Room is shutting down after operating for a decade. The free-to-play social game is closing its doors because the developers "never quite figured out" how to make it ...

School is out for Rec Room. The social gaming platform announced on Monday that it will be shutting down this June, in spite of “reaching over 150 million players and creators along the way” since its ...