Video game

Netflix acquires video game developer Night School Studio

(RTTNews) – Netflix Inc. (NFLX) has acquired video game creator Night School Studio, becoming the online video streaming giant’s first acquisition in the video game space.

“We are in the early stages of creating a great gaming experience for our members around the world. We are therefore delighted to announce today that Night School Studio is joining Netflix, ”said Mike Verdu, vice president of game development at Netflix, in a statement.

Night School Studio was founded by Sean Krankel and Adam Hines in 2014. Night School Studio is best known for its critically acclaimed debut game, OXENFREE.

“We will continue to work with developers around the world and hire the best talent in the industry to deliver a large collection of exclusive games designed for all types of gamers and all levels of play. Like our shows and movies, these games will all be included as part of your Netflix subscription – all with no ads or in-app purchases, ”added Verdu.

In a statement, Night School Studio co-founder Sean Krankel said the twinning between Netflix and Night School Studio was “natural”, and said “it was as if the two teams had come to this conclusion. instinctively”.

Krankel also confirmed that Night School will continue to work on Oxenfree 2, which is slated for release next year on Nintendo Switch, PlayStation consoles, and PC.

In July, Netflix announced plans to launch its own gaming platform and hired Verdu, a former EA Sports and Oculus executive.

Besides Netflix, Amazon started with Luna, a cloud-based game software, while Google’s YouTube is developing Stadia game streaming, and Apple is working on Apple Arcade.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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