If you’ve spent any time in virtual hangout spaces over the last decade, chances are you’ve heard of Rec Room. The social gaming platform became a staple for millions of players who used it to hang ...

“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 ...

Forbes contributors publish independent expert analyses and insights. Tim Casey is a reporter who covers basketball and sports business. Rec, a technology company serving the parks and recreation ...

The social gaming platform started in VR, and has seen growth on mobile, consoles and more during the pandemic. Now it's valued at $3.5 billion. Ian Sherr Contributor and Former Editor at Large / News ...

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 Seattle-based social gaming company once valued at $3.5 billion, is shutting down its platform on June 1, leaving the future of the company and its employees unclear. The company made ...

Jaume Balagueró and Paco Plaza’s [REC] is one of the scariest movies of all time. As a precursor to the more frenzied, action-oriented found footage horrors that would define the 2010s, [REC] ...