Anthropic Eyes $300M Stainless Acquisition Amid Enterprise AI Expansion 
Nvidia CEO Jensen Huang to Join Trump’s China Visit Amid AI Chip Tensions 
Samsung Shares Drop as Labor Union Confirms Planned Strike 
Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates 
SK Hynix Nears $1 Trillion Market Value Amid South Korea’s AI-Driven Stock Market Surge 
Arteris Stock Surges After Strong Q1 Earnings Beat and Higher 2026 Outlook 
TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit 
Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally 
Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping 
FTC Antitrust Probe Targets Arm Holdings Over Chip Licensing Practices 
Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case 
SoftBank Shares Slide Despite Record Q4 Profit Fueled by OpenAI Investment 
Ibiden Stock Surges as AI Chip Demand Boosts Profit Outlook 
OpenAI-Microsoft Deal Sets $38 Billion Revenue-Sharing Cap Ahead of Potential IPO 
Alibaba Stock Surges After Strong Q4 Earnings Boosted by AI and Cloud Growth 
Nvidia’s China AI Chip Sales Remain Frozen Despite U.S. Approval 
Netflix is moving forward with its gaming business. The streaming giant announced on Wednesday that “Oxenfree” developer Night School Studio is its first video game acquisition.
The company launched an in-app gaming section last August. The service, however, is currently only available on Android and to members in Poland, Spain, and Italy. The announcement of Netflix’s acquisition suggests that the streaming giant also intends to have first-party games in its catalog. “We’ll continue working with developers around the world and hiring the best talent in the industry to deliver a great collection of exclusive games designed for every kind of gamer and any level of play,” Netflix VP for game development said in a press release.
Night School Studio is known for the critically-acclaimed graphic adventure “Oxenfree” that launched in 2016. The game’s plot is one of its well-received features. Its ending varies and depends on prior decisions players make in the game. It was nominated for several prestigious awards, including Best Narrative for The Game Awards in the same year.
The developer has since released more games, and it is currently developing the sequel “Oxenfree 2: Lost Signals.” In Night School Studio’s blog post about the Netflix acquisition, the developer said it would “keep making” the sequel. It might be a hint that launch plans for the remain intact after joining the streaming giant. The project was announced earlier this year. It is slated to launch on PC, PS4, PS5, and Nintendo Switch, while its Steam page indicates it will be released sometime in 2022.
However, it is unclear if “Oxenfree 2: Lost Signals” will become one of the games Netflix will offer to its subscribers. While it is now more apparent that Netflix aims to offer first-party games, it remains to be seen how the streaming giant will distribute them and what it means by “exclusive games.”
“Stranger Things: 1984” and “Stranger Things 3” were the first games Netflix offered in its gaming service. Earlier this week, the company added three new licensed games namely “Shooting Hoops,” “Teeter (Up),” and “Card Blast.” The games are accessible via Google Play Store. They do not require additional fees and plays without ads and in-app purchases.
Photo by Souvik Banerjee on Unsplash
