Netflix Closes Its Squid Game Studio

For years, Netflix has told investors that it's serious about investing in the video game industry. But the streamer's ambitions may need to be re-calibrated again. Boss Fight--the studio behind Netflix's Squid Game: Unleashed mobile game--has been shut down.

David Rippy, the CEO and co-founder of Boss Fight, shared the news on his LinkedIn page, and shared his gratitude for the experience:

"Thanks, everyone who reached out today," wrote Rippy. "Rough news, for sure, but I'm very grateful for the time we had at Netflix. We worked with some awesome people and made many games that I'm very proud of, including Squid Game Unleashed, which hit #1 in 26 countries. You'll see lots of Boss Fighters with similar posts. Please consider them if you have any open roles--they are outstanding people and true professionals through-and-through. As for Bill, Scott and me--we're going to take a little breather before tackling whatever is next. Love to hear from you if there's anything interesting going on, workwise or otherwise."