First Contact Entertainment has announced its closure.
The Los Angeles-based studio shared a statement on social media, citing a "lack of support for VR within the industry" as the main reason for closing its doors.
"As an AAA VR game developer, we are just not able to justify the expense needed going forward," the studio said. "[We] are extremely proud of the team and grateful to our investors, our partners, and of course our community of dedicated and passionate players."
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