Netflix acquires a game studio

Released on 29.09. 2021

  • Netflix wants to get into the gaming business. (Archive image). Photo: Nicolas Armer

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Netflix is ​​part of the core business of video streaming. This business is to be expanded to include video games – and is gradually taking shape.

Los Gatos (dpa) – Netflix’s plans to enter the video game business are taking shape with the purchase of a development studio.

The video streaming giant swallows the 2014 founded company Night School Studio, which is best known for its debut game “Oxenfree”, as the companies announced on Tuesday. A purchase price was not mentioned.

Netflix sees video games as a promising area for expansion beyond the core business of video streaming. In the summer, the company already hired industry veteran Mike Verdu, who had previously worked for the large game company Electronic Arts, to manage the division.

At the same time, Netflix co-boss Ted Sarandos will open at a conference appearance on Monday when the company’s range of games should start. The company said it was still at an early stage when it announced the night school purchase.

In the Netflix universe, there are productions like “Stranger Things” that are well suited for implementation as video games. Since June, the service has also been trying to get additional revenue through an online shop for fan articles.

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