Industry · · 2 min
ThrillSeeker's parent filed its 2023 and 2024 reports, and revenue fell 78%
ThrillSeeker Media Group's revenue fell to $77,400 in 2024. The 2025 recovery still leaves it 73% below 2022 as it moves into VR software.
News · Industry
Industry news
11 stories in this category, newest first.
Industry · · 2 min
Brightline values its divested VR learning business at zero, citing VR viability
Brightline books its retained 19.99% stake in Glimpse Learning at zero. For enterprise VR buyers, the sale raises questions about long-term software support.
Industry · · 1 min
Ninth Circuit to hear Valve's Steam terms appeal as users file their own
Valve will appeal a ruling on its 2024 Steam terms, while six users seek to revive arbitration awards. The dispute concerns how those terms apply to the users in this case.
Industry · · 1 min
Mighty Coconut lays off staff for the second time this year
The Walkabout Mini Golf studio says 10 people will leave over the coming months. It plans to keep the game and servers running, but new courses may arrive less often.
Industry · · 2 min
Apple reportedly cuts Vision Pro gaming and immersive video teams
Reported layoffs point to fewer Apple-made games and immersive videos, while Apple executives say Vision Pro hardware and visionOS will continue.
Industry · · 3 min
EssilorLuxottica buys Lynx after liquidation, clouding the R2 headset
EssilorLuxottica acquired Lynx's assets, intellectual property, and most of its team, but no reported commitment revives the R2 headset or settles backer orders.
Industry · · 3 min
Even Realities raises $150M for camera-free smart glasses
The display-first smart-glasses startup is now being framed as a camera-free counterpoint to Meta and Snap's AI glasses race.
Industry · · 2 min
Sony's 2028 disc cutoff changes the future of PS VR2 game buying
Sony says new PlayStation games move to digital-only formats in January 2028, which gives PS VR2 buyers a clear deadline for future physical releases.
Industry · · 5 min
Meta expands its Quest revenue playbook for developers
Meta's latest Horizon developer posts shift from AI tooling to the business work behind Quest apps: analytics, retention, pricing, launch planning, off-platform marketing, and growth hacking.
Industry · · 3 min
Applied Materials pushes AR smart glasses toward scalable optics
Applied Materials' SENZ platform and EssilorLuxottica partnership point to the manufacturing work behind thinner display smart glasses.
Industry · · 3 min
Meta removes Horizon Worlds VR from Quest on June 15
Meta's VR worlds cutoff moves Horizon Worlds to mobile while leaving standalone Quest apps and the broader Quest VR platform in place.