Netflix closes two game studios weeks after co-CEO praised their "really solid numbers"

Netflix confirmed closing Night School Studio and Moonloot Games on August 13, 2026, with undisclosed games-team job cuts. On July 16, co-CEO Gregory Peters said both studios' titles delivered "really solid numbers" and ranked as Netflix's two most successful cloud game debuts. Worth flagging: the gap between public endorsement and shutdown is under four weeks.