Over the course of a year, Story Studio has produced various quality shorts like Lost, which debuted at Sundance, and Henry, which won an Emmy for outstanding Original Interactive Program. For Dear Angelica, the studio even created a tool called Quill that gives artists a way to draw directly within VR. Now that the studio has been dissolved, the company is reportedly encouraging its employees to apply for other positions within Oculus.

To show that the company hasn't completely turned its back on non-gaming VR content, Rubin also promised to continue providing resources and programs for creators in addition to funding third-party projects. Oculus will keep releasing video tutorials, production and distribution tips, as well as best practices for VR development. It will also provide developers chances to connect with other creators and bigwigs in the industry.