{"id":117303,"date":"2024-10-23T04:01:46","date_gmt":"2024-10-22T21:01:46","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=117303"},"modified":"2024-10-23T04:01:46","modified_gmt":"2024-10-22T21:01:46","slug":"netflix-shutters-aaa-video-game-studio","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=117303","title":{"rendered":"Netflix Shutters AAA Video Game Studio"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tDespite continued optimism among top management about the potential of <a href=\"https:\/\/deadline.com\/tag\/video-games\/\" id=\"auto-tag_video-games\" data-tag=\"video-games\">video games<\/a>, <a href=\"https:\/\/deadline.com\/tag\/netflix\/\" id=\"auto-tag_netflix\" data-tag=\"netflix\">Netflix<\/a> is shuttering its AAA game studio in Southern California.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe move, first reported by GameFile, was confirmed to Deadline by a source familiar with the closure.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tAAA is one of a handful of small studios put under the corporate umbrella by Netflix over the past couple of years. It had yet to produce any titles by the time it was shuttered.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tA Netflix rep declined to comment when contacted by Deadline.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe company has mounted a major effort to position games alongside series and films as a draw for subscribers. Yet a genuine video game blockbuster can get expensive to make and market and Netflix overall has been actively looking to streamline and lower its expenses across many business verticals. On last week\u2019s third-quarter earnings call, the topic of games arose multiple times but execs called out titles either tied to its pre-existing series or more casual games that are generally less costly to produce.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThe studio closure comes just three months after Netflix installed former Epic Games exec Alain Tascan as president of its games division. He took over for Mike Verdu, who was moved to a role centered on tech innovation and gaming. Prior to his 6-year stint as an EVP at Epic, Tascan co-founded Ubisoft and started a Montreal studio for gaming giant Electronic Arts.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tThree key hires over the past two years by AAA, of execs linked to blockbuster franchises <em>Overwatch<\/em>, <em>Halo <\/em>and <em>God of War<\/em>, have since left the company.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tOn the earnings call, Netflix Co-CEO Greg Peters said investing in video games and other initiatives is akin to \u201cplanting seeds.\u201d The ventures will hopefully \u201cstrengthen our entertainment offering,\u201d he said, in turn helping with subscriber growth and retention. \u201cWe\u2019re excited about games based on Netflix IPs,\u201d he added. \u201cWe\u2019ve got a <em>Squid Game<\/em> coming. We\u2019ve got a <em>Virgin River Christmas<\/em>. We\u2019ve got <em>The Ultimatum<\/em>. We\u2019ve got games based on storied game classics like <em>Monument Valley 3<\/em>.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto     \">\n\tCo-CEO Ted Sarandos, notably, included games when addressing overall content production during the call. \u201cOur aim here is to always have a very steady drumbeat of great new TV shows and films, and games for our members to watch throughout the year,\u201d he said.<\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/deadline.com\/2024\/10\/netflix-video-games-aaa-studio-shut-down-1236144739\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite continued optimism among top management about the potential of video games, Netflix is shuttering its AAA game studio in Southern California. The move, first reported by GameFile, was confirmed &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=117303\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8630],"tags":[],"class_list":["post-117303","post","type-post","status-publish","format-standard","hentry","category-technology","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/117303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117303"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/117303\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}