Rec Room’s shutdown is one of the biggest Seattle startup implosions in recent memory — and it raises questions about whether ...

Rec Room is shutting down on June 1, bringing an end to one of the biggest user-generated gaming platforms outside of Roblox. According to The Verge, the company announced that the social gaming ...

“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 ...

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 ...

The company says it ‘never quite figured out how to make Rec Room a sustainably profitable business.’ The company says it ‘never quite figured out how to make Rec Room a sustainably profitable ...

Founded in 2016 and based in Seattle, Rec Room has become a breakout social gaming and creation platform, known for its cross-device play and tools that enable users to build worlds, games, and ...

The despair among Rec Room players is real. Users of the popular social gaming platform expressed their disbelief and sadness over the demise of the Seattle-based company, which announced Monday that ...