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Netflix shutters its only triple-A studio, loses major industry hires
NFLXNetflix(NFLX) VentureBeat·2024-10-22 18:22

Netflix today closed one of its internal game studios, one which was poised to release a triple-A title, before it was able to produce anything. The studio was called Team Blue, founded in 2022 and based on Los Angeles, and was allegedly working on a PC game. As a result of this studio closure, the company has also lost the talent it very publicly hired, and has also reportedly made other layoffs in its games division.Game File reported the closure, saying that Team Blue was working on a “big-budget multi-d ...