Netflix Acquires Its First Game Studio

Netflix has purchased video game developer Night School Studio and launched five mobile gaming titles in select European markets, the company announced on Tuesday, as it seeks to diversify revenue sources in the face of increasing competition in the streaming space.

The company’s first gaming studio acquisition, Night School Studio, is best known for its debut game, “Oxenfree,” a supernatural teen thriller with an eerie soundtrack.

The games developed by the studio, which will be available on Sony’s PlayStation, Microsoft’s Xbox, Nintendo Switch, and PCs, will be the first non-mobile titles in the streaming giant’s newly formed video game portfolio.

“Like our shows and films, these games will all be included as part of your Netflix membership — all with no ads and no in-app purchases,” the company said.

Netflix announced its plans to enter gaming during its most recent quarterly earnings call, as newer players such as Disney+ and HBO Max have been rapidly gaining subscribers, increasing competition in the streaming landscape.

The company earlier in the day said it had introduced “Stranger Things: 1984”, “Stranger Things 3: The Game”, “Card Blast”, “Teeter Up” and “Shooting Hoops” titles on Android to Netflix members in Spain and Italy.

Poland, where the “Stranger Things” titles are already available, will get the other three titles.

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