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Netflix closing Oxenfree developer Night School Studio and Moonloot Games

Netflix has closed Oxenfree developer Night School Studio and Helsinki-based Moonloot Games, while also eliminating additional roles within its games division. The company stated it is refocusing its strategy on key areas like cloud and kids games, shifting away from mobile-first titles. This move follows a pattern of Netflix shutting down acquired studios and comes as the company partners with Rockstar Games for a Grand Theft Auto 6 trailer debut.

Article tone: Very negative
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