28 September 2022 | Technology | Announcements

Netflix is revealing its own video game studio

Netflix has announced it is building its first video game studio in Helsinki, Finland, thus expanding its own empire with mobile games.

This statement came after a challenging year for Netflix, when the streaming giant lost many subscribers for the first time in a decade, and their outflow continues. Concurrently, the company's stock price fell more than 60 percent amid a market decline this year.

On top of acquiring Next Games, Netflix had previously obtained Night School Studio and Boss Fight Entertainment. Each studio has "various strengths, along with business lines." So, this cooperation would help to develop a wide range of games for the firm’s users. 

That said, games from the streaming service have been around for more than a year. At the moment, their number has reached 32. Total downloads, in turn, exceed 30 million worldwide, an analytical company Apptopia noted.

Netflix games are available on mobile devices, including Android phones and tablets, as well as iPhone, iPad and iPod Touch. These apps, however, can’t be downloaded on other consoles.

Over the past month, almost 1.63 million people have been playing Netflix on a daily basis, according to Apptopia. That figure represents only a fraction of the company's paid subscribers, which analysts estimate to be more than 220 million. 

Company MarketCheese
Period: 20.12.2024 Expectation: 2470 pips
GBPUSD is targeting 1.2300 level as selling pressure increases
Today at 08:20 AM 14
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 29.11.2024 Expectation: 800 pips
Silver buyers get ready to test 31.5 level
Yesterday at 11:27 AM 56
Gold sell
Period: 01.12.2024 Expectation: 8110 pips
Gold loses ground as demand for safe haven assets wanes
Yesterday at 10:04 AM 145
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Period: 29.11.2024 Expectation: 700 pips
AUDCAD does not exit downward trend lines
22 November 2024 50
Period: 02.12.2024 Expectation: 560 pips
Brent oil on its way up after exiting bilateral pattern
22 November 2024 166
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 26.11.2024 Expectation: 2840 pips
Selling USDJPY with target at 152.00 influenced by BoJ policy
21 November 2024 100
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Go to forecasts