Meta is closing Ready At Dawn, its first-party workplace down VR games similar Echo VR and Lone Echo, Android Central reported connected Wednesday. The shutdown is effectual immediately. Meta acquired the workplace in 2020.
As for wherefore Meta is shutting down the studio, here’s what Android Central said:
One report in mid-July said that Meta was cutting its Reality Labs division’s fund by 20% by 2026, and an interior memo sent to Meta employees by Gio Hunt, VP Oculus Studios — seen by Android Central — supports this reasoning. A Meta spokesperson told Android Central that the cuts weren’t being made to “save money,” per se. Rather, these cuts are being made to guarantee that Reality Labs stays wrong the caller budgetary constraints and that Oculus Studios tin marque a “better semipermanent impact” successful VR development.
We tried to inquire for much details, but Meta spokesperson Alaina Laszewski declined to comment. In its astir caller earnings, Meta said that its Reality Labs division, which its VR efforts autumn under, lost astir $4.5 billion.
When Meta announced that it had acquired Ready At Dawn, it said that the workplace would “continue creating memorable, immersive, and innovative VR contented for gamers astir the satellite arsenic an independently-operated studio.” And portion it did spell connected to merchandise Lone Echo II for the Rift and Rift S — the crippled isn’t natively disposable for Meta’s standalone Quest headsets — Meta unopen down the well-loved Echo VR in August 2023.
At the time, CTO Andrew “Boz” Bosworth said that the resources to marque Echo VR “could beryllium enactment to different uses that I deliberation volition beryllium utile to the present tens of millions of radical who are successful VR.” The Ready At Dawn squad besides said that it was working connected its adjacent project, but present it seems that task won’t beryllium released.