Netflix will acquire the mobile studio Next Games, developer of Stranger Things and The Walking Dead mobile games, for $72 million.
Michael Verdu, Vice President of Games at Netflix shared the following statement:
Next Games has a seasoned management team, strong track record with mobile games based on entertainment franchises, and solid operational capabilities. We are excited for Next Games to join Netflix as a core studio in a strategic region and key talent market, expanding our internal game studio capabilities.
According to Next Games CEO Teemu Huuhtanen, the vision of the game publisher is “to become the partner of choice for global entertainment businesses and craft authentic and long-lasting interactive entertainment based on the world’s most beloved franchises.” As such, joining forces with Netflix was a logical next step.
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