finance.yahoo.com Market update
Netflix Rethinks Gaming After Major Setbacks
This article first appeared on GuruFocus. Netflix (NASDAQ:NFLX) is pulling back further from traditional in-house game development, closing Night School Studio in Los Angeles and Moonloot Games in Helsinki as it concentrates gaming investment around experiences that fit more naturally inside its streaming ecosystem. The move looks less like an abandonment of gaming and more like a reset …