PlayStation Home's service will shut down in European territories on March 31 2015, the same date that the social platform will close in Asian regions.
"Due to a shifting landscape, PlayStation Home will cease publishing new content on the 12th of November, 2014," Sony confirmed in a statement.
"Gamers in Europe will be able to download content until the 3rd of December, 2014. As a token of our tremendous gratitude to the community, we will also be releasing a series of free content prior to the platforms closure on the 31st of March, 2015."
A date has yet to be set for the shutdown in America (we've reached out to SCEA for confirmation) but it seems likely that the territory will follow the timeline set by Japan and Europe.
Home was developed by Sony Computer Entertainment's London Studio and first launched to the public in 2008. It offered a 3D virtual world to users with customizable avatars, mini-games and virtual homes that could be decorated with trophies and special items. In 2011 Sony revealed it had 19 million PlayStation Home users and that the average session spent in the service was 70 minutes. In 2011 there were 230 games within Home and over 8,000 virtual items in its marketplace.
Update: Sony Computer Entertainment America has confirmed the closure of Home in North America on March 31, 2015 as well. And just as in Europe, the platform will cease publishing content on November 12, 2014 with downloadable content available until December 3.