Netflix retreats from big-budget gaming initiative

The news: Netflix shuttered its blockbuster AAA gaming division.

  • The studio, unofficially called Team Blue, was built on three executive hires from Sony, Microsoft, and Blizzard, none of whom are still with the company, per Game File.
  • It’s unclear how many of the 80-plus game titles Netflix had in the works will be affected by the studio’s closure, but it hasn’t released any of the AAA games that were in development.