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

17 hours ago

Generation Greytt: The trillion-dollar market that ...

Armed with unprecedented pocket power and digital savvy, the over-50s are redefining what it means to age. Yet businesses remain fixated on youth, overlooking a demographic that's more adventurous, connected and ready to spend than ever before. Rajeev Lochan opines.

18 hours ago

TBWA dominates in Japan/Korea AOY 2024 awards

Accenture Song and TBWA walked home with multiple metals at the 2024 Campaign Asia-Pacific Agency of the Year awards for Japan and Korea. Check out the highlights here.

19 hours ago

Hong Kong's unique spirit: A 'Never Normal' love ...

Forget dim sums and skyscrapers, over 40 brands and influencers from Hong Kong join forces to embrace the city's chaotic charm, eclectic character, and resilient spirit in an unconventional campaign.

20 hours ago

Global ad spend to hit $1.08 trillion in 2024 as ...

WARC's latest study also reveals tech giants' intensifying dominance of global ad spend and social media leading unprecedented growth—but regulatory headwinds still threaten to reshape this burgeoning landscape.