The Medium from PARQOR

The Medium from PARQOR

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The Medium from PARQOR
The Medium from PARQOR
After Netflix Shuts Down AAA Gaming Studio, A Faster and Cheaper Future Lies Ahead
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Streaming (2020-2024)

After Netflix Shuts Down AAA Gaming Studio, A Faster and Cheaper Future Lies Ahead

Oct 24, 2024
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The Medium from PARQOR
The Medium from PARQOR
After Netflix Shuts Down AAA Gaming Studio, A Faster and Cheaper Future Lies Ahead
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Earlier this month Netflix shut down its Southern California game studio known as “Team Blue”. It was set up last fall and had its own major video game—aka “AAA title”—less than a year into development. AAA games can take as many as seven years to develop. 

CFO Spencer Neumann outlined the strategic vision behind this bet at last September’s Bank of Amer…

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