Updated
Updated · VGChartz · Aug 13
Netflix Shuts 2 Game Studios, Cuts Jobs to Refocus Games Push
Updated
Updated · VGChartz · Aug 13

Netflix Shuts 2 Game Studios, Cuts Jobs to Refocus Games Push

3 articles · Updated · VGChartz · Aug 13

Summary

  • Netflix is closing Night School and Helsinki-based Moonloot, adding layoffs across its internal games team as it trims its video-game operations.
  • The company said the cuts are part of organizational changes to sharpen execution and align the business with its current priorities.
  • Night School, acquired in 2021, released the Netflix-playable horror game "Unhinged" just six weeks ago; Moonloot was founded in 2022.
  • The move further narrows Netflix's in-house games effort as it leans toward a more focused lineup centered on kids, party, story-driven and mainstream titles.

Insights

As Netflix guts its internal studios, will its pivot to external developers save its gaming ambitions or signal a slow death?
What hidden metrics forced Netflix to abandon its multi-million dollar studio investments for mainstream sports and party games?