Netflix is getting rid of another of its game studios by selling it back to its founders
NegativeTechnology

- Netflix has decided to sell one of its game studios back to its founders, marking another significant shift in its gaming strategy. This move follows a series of adjustments within the company as it refines its focus on core content offerings and profitability.
- The decision to divest from the game studio highlights Netflix's ongoing challenges in the gaming sector, where it has struggled to establish a strong foothold. This sale may reflect a strategic pivot as the company seeks to streamline operations and concentrate on its primary streaming business.
- This development occurs amidst broader trends in the tech industry, where companies like Netflix are reevaluating their service offerings. Recent changes, such as the discontinuation of mobile casting features, indicate a tightening of resources and a focus on enhancing core services, which may resonate with users who have expressed frustration over service outages and feature removals.
— via World Pulse Now AI Editorial System