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Netflix was attracted to the studio's "strong track record with mobile games based on entertainment franchises."

Chris Kerr, News Editor

March 2, 2022

1 Min Read

Netflix has agreed to acquire Finnish studio Next Games for €65 million ($72 million).

Founded in 2014 and based in Helsinki, Next Games is the developer-publisher behind Stranger Things: Puzzle Tales, The Walking Dead: Our World, and The Walking Dead: No Man's Land.

The company has around 120 employees and pulled in sales of €27.2 million during the last fiscal year.

Netflix, which launched its Netflix Games service last November, said it was attracted to Next Games' "strong track record with mobile games based on entertainment franchises and solid operational capabilities."

"We are excited for Next Games to join Netflix as a core studio in a strategic region and key talent market, expanding our internal game studio capabilities," added Netflix VP of games, Michael Verdu.

"While we're just getting started in games, I am confident that together with Next Games we will be able to build a portfolio of world class games that will delight our members around the world."

The news comes around five months after Netflix purchased Oxenfree developer Night School Studio for an undisclosed fee.

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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