Netflix Shutting Down 2 Studios – Oxenfree Dev Night School and Moonloot

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Netflix is shutting down two of its video game studios and laying off employees at other studios, according to a report from Game File. Oxenfree developer Night School, as well as Moonloot will be closing down.

Night School was acquired in 2021 and just six weeks ago released the short first-person horror game, Unhinged, that is playable to Netflix users. Moonloot is based in Helsinki and was founded in 2022.

"We see an opportunity to be more focused in our execution, so we are making organizational changes to the business to match those priorities," said a Netflix spokesperson.

Netflix is laying off staff at its internal games team, however, it isn't known how many will be let go.

"We are incredibly grateful to the talented colleagues we’re saying goodbye to today. We thank them for all their contributions to Netflix, and wish them the best."

A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can follow the author on Bluesky.

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