Virtual Hangout ‘Rec Room’ is Permanently Closing in June, Assets Reportedly Acquired by Snap

Rec Room, one of VR’s most prominent social platforms, is shutting down in June, with its creators noting they “never quite figured out how to make Rec Room a sustainably profitable business.” According to a GeekWire report (via Skarred Ghost), Snap has acquired select assets from Rec Room, which also includes talent moving to its XR-focused …

Rec Room, one of VR’s most prominent social platforms, is shutting down in June, with its creators noting they “never quite figured out how to make Rec Room a sustainably profitable business.” According to a GeekWire report (via Skarred Ghost), Snap … [3917 chars]

Source: Road to VR | Published: 2026-03-31T10:40:08Z

Credit: Road to VR