Thndr Claps » U.S. Claps » Tech 📲 » Netflix & Games 🕹
The ClapNetflix (NASDAQ: NFLX) is set to open an internal game studio, taking a further step into mobile gaming.BackgroundNetflix entered the mobile gaming industry in 2021, after acquiring Next Games for $72 million as well as three external game studios in the past year.The DeetsThis is the first big step for Netflix, as they are looking to improve its gaming experience. The studio will be used to develop games concurrently with its other studios.Why this MattersLess than 1% of Netflix subscribers engage with Netflix’s games, showing that Netflix’s advancements in the mobile gaming sector are still in their infancy stage.What NowThe company’s games will not have ads or in-app purchases.
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