Netflix acquires the Next Games team for 65 million euros

Netflix acquires the Next Games team for 65 million euros

Netflix announced in the past few hours that it is in negotiations for the acquisition of Next Games, a Finnish development team specialized so far above all in the development of mobile video games, which will therefore become a strategic asset for the company in its expansion into the gaming world. br>
As demonstrated above, Netflix does not seem to have any intention of devoting itself to large-scale acquisitions, preferring rather to choose smaller but functional studios for its exclusive projects, probably largely linked to the intellectual properties already in possession of the video platform.

After the acquisition of Night School Studio, therefore, comes also that of Next Games, a team founded in 2013 that has so far been dedicated to games on smartphones and the like. It should be noted, however, that it seems decidedly specialized in live service and similar titles, considering that a large part of the revenues recorded in recent years derive from microtransactions.

The acquisition is in the process of being processed and should be concluded shortly, with a total outlay of about 65 million euros by Netflix, so we are definitely far from the maxi-operations that we have seen in other cases, first of all the purchase of Activision Blizzard by Microsoft for almost 70 billion dollars. This should guarantee additional revenue from games within the catalog integrated into the Netflix video subscription, currently linked exclusively to mobile platforms.

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