Meta has launched a virtual reality subscription service called Meta Quest+ that costs $7.99 a month and gives users access to two new games each month. The service is compatible with the Quest 2, the Quest Pro and the upcoming Quest 3. Meta hopes to generate recurring revenue from its Reality Labs unit, which recorded an operating loss of $3.99 billion in the company’s first quarter while generating $339 million in revenue. Meta Quest+ subscribers will receive new games on the first of each month, with "Pixel Ripped 1995" and "Pistol Whip" launching in July.
The post Meta Launches VR subscription service that costs $7.99 a month appeared first on Balanced News Summary.