Netflix acquires first video game studio

Netflix has announced the acquisition of its first video game studio, as the streaming giant bids to expand its entertainment empire with a push into the lucrative gaming sector.

The company announced Tuesday that it has bought the California-based Night School Studio, best known as the creators of paranormal thriller game Oxenfree.

Netflix had indicated its intention to venture into video games in July, eyeing potential hits based on the storylines of popular TV series.

The company said Night School’s “artistic excellence and proven track record make them invaluable partners as we build out the creative capabilities and library of Netflix games together”.

Night School co-founder Sean Krankel said in a blog post that it was “a surreal honor” to be the first games developer to join Netflix.