Meta, the parent company of virtual reality headset maker Oculus, has officially announced that its publishing arm for VR games will be called Oculus Publishing. The division had previously supported over 300 titles, and it will continue to provide partner developers with conceptualization, funding, technological help, promotion, and merchandising. Oculus Publishing is a separate division from Oculus Studios, which is the company’s label for first-party games.
According to Meta, Oculus Publishing has over 150 titles currently in development, which bodes well for the expected release of Quest 3 this year. The next-gen Quest is rumored to be thinner, more powerful than its predecessor, and to have mixed reality capabilities, meaning that some of these new titles may have features that weren’t possible in older games. However, Meta did not reveal any of the new titles in its announcement.
In the meantime, users still have access to over 500 titles in the Meta Quest Store, which have reportedly surpassed $1.5 billion in revenue as of last year. Forty titles have grossed over $10 million, and the number of titles that have reached $20 million in revenue doubled year-over-year.
Overall, the establishment of Oculus Publishing is significant for VR developers and enthusiasts as it signals Meta’s commitment to supporting partner developers and promoting the growth of the VR ecosystem.