Today, Sony has announced that it will be shutting down PlayStation Home in March. Here is the official statement from the team that worked on the platform:
“Due to a shifting landscape, PlayStation Home will cease publishing new content on November 12. Gamers in Europe, the US and Canada will be able to download content until December 3. As a token of our tremendous gratitude to the community, we will also be releasing a series of free content prior to the platform’s closure on March 31, 2015.”
Any money spent in PlayStation Home will not be refunded, so if you invested in setting up your PlayStation Home, it seems that investment is lost.