Netflix is trying to branch out into other forms of media.
Streaming service Netflix has been on hard times this past year, losing a large swath of subscribers and seeing its stock values drop. This has been due to a combination of factors, including dissatisfaction with the service’s offerings and policies and a general rise of the cost of living in the United States. In an effort to diversify their services, and therefore entice subscribers back to the service, Netflix has opened its very own video game development studio.
Netflix announced that it has started its own internal game development studio in Helsinki, Finland. https://t.co/d333lbD71f
— IGN (@IGN) September 27, 2022
The new studio was opened in Helsinki, Finland, where Netflix is hoping to establish a stake in the video game scene, particularly in the massive mobile gaming market.
“This is another step in our vision to build a world-class games studio that will bring a variety of delightful and deeply engaging original games — with no ads and no in-app purchases — to our hundreds of millions of members around the world,” Netflix VP of Game Studios Amir Rahimi said on the company’s official blog.
He added that the company chose to establish the studio in Helsinki because Finland is “home to some of the best game talent in the world.”
Netflix is wading deeper into the video game industry waters, announcing plans to establish an internal games studio in Helsinki, Finland. https://t.co/AtgZKwv6pp
— FORTUNE (@FortuneMagazine) September 27, 2022
Netflix is hoping to develop new and interesting games that will someday garner as much attention as their streaming shows and movies. “Creating a game can take years, so I’m proud to see how we’re steadily building the foundation of our games studios in our first year, and look forward to sharing what we produce in the coming years,” Rahimi said.
Amazon to Hold Second Prime Day in October
Aaron Judge Hits 61st Seasonal Home Run
-
Credit: Unsplash Apple Introduces a Budget-Friendly iPhone Packed with AI, a Powerful A18 Chip, and a Sleek New Design...
-
Google Expands Its AI-Powered Image Remixing Tool, Making Creative Customization Easier for Users Worldwide Google is bringing its fun...
-
A look at how transportation has evolved from horse-drawn carriages to the modern electric vehicles of today. The automobile...
-
Fitbit settles with CPSC and agrees to pay a $12.25 million fine over smartwatch burn incidents Fitbit has reached...
-
Credit: Unsplash How Memes and Chaos Defined a 14-Hour Saga The weekend was a whirlwind for TikTok users. On...
-
Credit: Unsplash TikTok in Musk Talks Until Then Here’s Where to Get Your Short Video Fix The clock is...
-
A Critical Breach with Serious Implications for National Security The U.S. Treasury recently confirmed a significant cyberattack attributed to...
-
Astronauts Face Another Delay in Their Extended Space Stay NASA astronauts Butch Wilmore and Suni Williams have just received...
-
Google’s New Chip and It’s Exciting Revelation Google’s latest announcement about its quantum computing chip, Willow, has definitely turned...
-
Elon Musk’s AI company, xAI, is reportedly gearing up to launch a stand-alone consumer app that could shake up...
-
Generative AI is no longer just about creating content. As these powerful tools become more accessible, businesses are finding...
-
Amazon shares surged 6% on Friday following the company’s release of strong quarterly earnings, exceeding market expectations. Boosted by...