In 2021, in their bid to get more of a hold on the games industry after dominating film and television streaming, Netflix acquired Oxenfree and Afterparty developer Night School Studio, the first developer they had ever acquired. Now, five years later, the streaming giant is shuttering Night School Studio, as well as Moonloot, another developer they owned that was yet to put out a game. This comes six weeks after the release of Night School's latest game, the Netflix exclusive Unhinged.

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