Netflix's plans to enter the AAA gaming market have apparently faced some challenges. The streaming giant has reportedly closed its Southern California studio, which was developing an action RPG for PC.
Studio Closures and Key Departures
The company had brought in Chacko Sonny, a former Overwatch executive producer, to lead the studio, attracting industry heavyweights like Joe Staten (known for his work on Halo and Destiny) and Rafael Grassetti (who was the art director at Sony Santa Monica studio). However, according to a report by Game File, Netflix has now shut down the studio, and the three prominent hires have left the company.
Leadership Changes
As per The Verge, Netflix appointed Alain Tascan as the new head of its gaming division in July, while former leader Mike Verdu transitioned to a different role. Tascan was previously the VP of game development at Epic Games.
Recent Layoffs
Business Insider noted that Tascan made layoffs in the gaming division just last week, with sources indicating that fewer than 35 jobs were eliminated during this process.
Even with the studio's closure and the likely end of the AAA project, Netflix is still dedicated to its gaming segment. The company continues to release mobile games based on popular series like "Too Hot To Handle" and "Squid Game," among others.
