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Market Chatter: Netflix Drops Plan to Develop Own Triple-A Video Game
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Market Chatter: Netflix Drops Plan to Develop Own Triple-A Video Game
Oct 22, 2024 12:40 PM

02:10 PM EDT, 10/22/2024 (MT Newswires) -- Netflix ( NFLX ) is no longer developing a so-called Triple A video game as it narrows its focus on producing casual games instead, the Wall Street Journal reported Tuesday.

The company dropped plans to develop a blockbuster video game less than a year into the process and has let go of about 30 people in Southern California who were working on a multiplayer shooter title.

Netflix's ( NFLX ) video game would have been available across devices, including on smartphones, tablets, and TVs.

While the company is not developing its own title, it may put Triple-A games from third parties on its platform, the report said, citing a company spokesperson.

Netflix ( NFLX ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 767.20, Change: -4.87, Percent Change: -0.63

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