Playstation Home never really got the love and attention it deserved after Phil Harrison moved on from Sony. Now, in Japan and other Asian regions it is basically dead.
The official word is that, "Sony Computer Entertainment Inc. (SCEI) today announced that PlayStationHome in Sony Computer Entertainment Japan Asia (SCEJA) will cease publishing new content after September 2013 for Japan and March 2014 for Asian countries and regions."
While this does not mean that the service/site/area - we're still not sure what to call it - is to be closed down immediately, it's merely going to be starved to death.
What does it mean for the rest of the world?
"PlayStationHome in Sony Computer Entertainment America and Sony Computer Entertainment Europe will continue to fully support their vibrant PlayStationHome communities with full weekly publishes, new public spaces, virtual items, and platform features," is the word on that.