Netflix to close two gaming studios

Netflix is closing its Hollywood-based gaming studio Night School, which created titles like “Oxenfree,” as part of organizational restructuring in its gaming division. The company has also proposed shutting down Helsinki-based studio Moonloot. Despite expanding into gaming since 2021, Netflix's efforts have produced mixed results, leading to layoffs and a focus on more strategic, higher-engagement games such as cloud-based and kid-friendly titles.

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