(Reuters) -Netflix has shut down the studio behind its mobile game "Squid Game: Unleashed", amid a shift in strategy for its video gaming unit. The studio's closure was confirmed by its co-founder and former CEO, David Rippy, in a LinkedIn post on Thursday. "Rough news, for sure, but I'm very grateful for the time we had at Netflix," Rippy said. The streaming giant, which has ventured into advertising and video games to diversify its revenue streams, acquired Boss Fight Entertainment in 2022 to broaden its offering. "After 10+ great years working at Boss Fight, the last few as part of Netflix, the time has come for the studio to close down," David Luehmann, a director of game development at the studio, said in another LinkedIn post. Netflix did not immediately respond to a Reuters request
Netflix shuts down game studio behind 'Squid Game: Unleashed'
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