Meta Debuts New Subscription Service for Its Digital Actuality Headsets

Meta Platforms Inc. is launching a brand new subscription service for its digital actuality headsets.

MetaQuest will value $7.99 monthly for entry to 2 gaming titles monthly, the chief govt officer mentioned. Mark Zuckerberg mentioned on his Instagram channel on Monday.

After disappointing gross sales, the newest method Meta is making an attempt to monetize its headsets is thru VR subscriptions. In March, Meta slashed the costs of its VR headsets by as much as 33%. In June, the corporate slashed the worth of its Quest 2 headset for the second time after saying the launch of its Quest 3, which is able to launch in September.

Meta remains to be shedding cash on its digital actuality ambitions. Final 12 months the corporate misplaced $13.7 billion in its Actuality Labs division, the a part of the corporate that makes digital actuality expertise.

Meta’s VR subscription is accessible for Meta Quest 2 and Quest Professional.