Netflix is closing Night School Studio in Los Angeles and Moonloot Games in Helsinki as it narrows its gaming strategy toward cloud-based TV games that fit more naturally inside its streaming ecosystem. The company acquired Night School in 2021 and founded Moonloot in 2022 as part of an earlier push into in-house game development. A Netflix spokesperson said the organizational changes are meant to focus execution on priorities where the company sees stronger engagement. Netflix said cloud-based TV games are gaining traction, with its Netflix Playground kids app tripling daily players since April and kids mobile-game engagement up 600% year over year from a small base. The company expects 2026 revenue of $51 billion to $51.4 billion, up 13% to 14%, while maintaining a 31.5% operating-margin outlook.
Netflix IncNetflix closes two game studios to focus on cloud-based TV games, which are gaining traction, but the move is a strategic reset with mixed implications.
