[–] gnabgib 3mo ago ↗ Title: School’s Out for Rec Room> Rec Room will be closing down on June 1st 2026 at noon Pacific time.> Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business. Our costs always ended up overwhelming the revenue we brought in.
[–] someperson 3mo ago ↗ $294 million in funding raised by Rec Room until now.Hopefully somebody buys the app for pennies on the dollar and keeps it running with a more sustainable financing model.
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[ 4.4 ms ] story [ 16.1 ms ] thread> Rec Room will be closing down on June 1st 2026 at noon Pacific time.
> Despite this popularity, we never quite figured out how to make Rec Room a sustainably profitable business. Our costs always ended up overwhelming the revenue we brought in.
Hopefully somebody buys the app for pennies on the dollar and keeps it running with a more sustainable financing model.