This is really sad to hear. An amazing game and a fantastic development team. Rec Room has always been such a big part of VR.
Honestly, if times like this are hitting the industry, what are small studios supposed to do?
Rec Room is shutting down for good on June 1st
“We never quite figured out how to make Rec Room a sustainably profitable business”
“With the recent shift in the VR market, along with broader headwinds in gaming — we've made the difficult decision to shut things down.”