Back to today’s briefing

Story perspectives

Netflix Closes Game Studio, Shifts to Casual Titles

10/28/2025

38 7

Summary

Story summary

Netflix has shut down Boss Fight Entertainment, the developer of “Squid Game: Unleashed,” three years after acquiring it.
The game topped charts in 26 countries, but Netflix shifts to lighter, party-style games playable on TVs using smartphones.
Co-CEO Greg Peters says Netflix will pursue a “less is more” strategy to deliver high-quality games in a few genres, aligning with broader industry trends.

1 of 1

Story summary

Netflix has shut down Boss Fight Entertainment, the developer of “Squid Game: Unleashed,” three years after acquiring it.
The game topped charts in 26 countries, but Netflix shifts to lighter, party-style games playable on TVs using smartphones.
Co-CEO Greg Peters says Netflix will pursue a “less is more” strategy to deliver high-quality games in a few genres, aligning with broader industry trends.