Brandon Doerrer
Jul 20, 2023

Roblox launches subscriptions for developers

That means virtual world-builders will have a new revenue source.

Getty Images
Getty Images

Metaverse world-builders are getting another revenue source, as Roblox has said developers will eventually be able to sell subscriptions to players within their worlds.

Roblox announced the upcoming feature in a Tuesday blog post outlining its roadmap for the game’s economy.

“As we look ahead, we’re building the tools for developers to create subscriptions within their experience,” the statement reads. “This will help them to establish a recurring economic relationship with their users and potentially increase the predictability of their earnings. It will also help ensure our users have a steady flow of content that’s relevant to them.”

It didn’t specify when subscriptions would become available.

At the Cannes Lions International Festival of Creativity, Roblox launched a partner program that educates brands on its ad offering. It created the program to address growing interest in the game following more than 100 brand activations in 2022.

On June 15, Roblox banned advertising aimed at children under 13. In May, watchdog the Children’s Advertising Review Unit found the game was in violation of ad disclosure guidelines.

Roblox has 66 million daily active users that played for 14.5 billion hours in Q1 2023, according to the blog post. Developers earned $624 million through 3.2 billion microtransactions, which are sales of virtual items in-game or on the Roblox marketplace, last year. They made another $182 million through 900 million sales in Q1.

The game posted $655 million in revenue in its Q1 earnings.

Source:
Campaign US

Related Articles

Just Published

11 hours ago

Taking the entrepreneurial route: Lessons from a ...

Starting a business is no easy feat, but it's one of the most fulfilling adventures you could undertake. Charu Srivastava, co-founder of TriOn & Co., reflects on her first year leading the business.

11 hours ago

40% women work through high levels of menstrual ...

TOP OF THE CHARTS: The report exposes jarring gaps in workplace safety, working hours and mental health, as well as career progression barriers that continue to plague women in the workplace.

11 hours ago

'Mom's Bed' breaks the silence on caregiver ...

The campaign is a stark reality check on Korea’s caregiving culture that forces countless mothers into cramped, uncomfortable caregiver beds for extended periods—sometimes years.

13 hours ago

Move and win roundup: Week of April 29, 2024

Havas, StackAdapt, Didi, Outbrain, and more in our weekly collection of people moves and account news.