“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.

Rec Room has announced a brand new crossover event happening this morning, as players can now dive into a new Destiny event for the next few weeks. The company has teamed up with Bungie as the two ...

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 shuts down June 1 after failing to achieve profitability. Fans are logging in one last time before servers go offline permanently.

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, once valued at $3.5 billion, announced earlier this week that it will be shutting down in June. The studio says it never quite figured out how to turn a profit, though top ...

Rec Room has officially announced a release date for its Nintendo Switch version. Players will be able to start trying the game out this week. The team revealed that the game will be released on ...

Rec Room gift cards in a retail kiosk in Seattle. The social gaming platform, which is shutting down June 1, experienced a previously unreported brute-force attack on its friend-finder feature earlier ...

Players logged a cumulative 68,000 years inside Rec Room over its decade-long run, but costs always outpaced revenue. Rec Room Rec Room, the social gaming platform once valued at $3.5 billion (£2.7 ...