“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 ...
The developers of Rec Room have announced that the game will be shutting down this year. While Rec Room had a good amount of popularity, its run will come to an end a decade after it got its start.
Snap Inc. confirmed late Monday that it has acquired select assets from Rec Room Inc., following the news that the Seattle-based company plans to shut down its longtime social gaming platform. Some of ...
It's the end of an era for those gamers who loved to hang out in the virtual reality multiplayer game Rec Room. On March 30, 2026, developers posted an update on blog.recroom.com announcing that the ...
Rec Room, the social gaming platform once riding high on a $3.5 billion valuation (now that’s a price tag), is now laying off “roughly half” its team. That’s not a pivot—that’s a full-blown reset.
Social VR platform Rec Room announced it’s laying off around half of its staff, citing low-level content which has flooded the platform from users on mobile and console. Founded in 2016, the studio ...
SEATTLE — Rec Room, the social gaming platform that drew more than 150 million players over a decade of operation, announced Monday it will permanently shut down on June 1. The company said it could ...
The platform reached more than 150m players globally but failed to generate enough revenue to cover operating costs. Players will lose access to the game and all online services once servers go ...
Image Courtesy of Rec Room. Used with Permission. Xbox Game Pass 2026 Lineup Includes ‘Star Wars: Outlaws’ The January wave of Xbox Game Pass additions kicks off 2026 with major releases, including ...