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Netflix says nevermind about its big-time gaming studio

Netflixs foray into bigger, higher-production gaming appears to have been cut short.

The company, which last year said it was happy with its slow and steady march into the video game business, has shuttered Team Blue, the AAA studio tasked with creating an original IP, multiplatform game.

Team Blue was launched less than two years ago and helmed by big names with stacked gaming resumes, including Halo creative director Joseph Staten, God of War art director Rafael Grassetti, and Overwatch executive producer Chacko Sonny. All three employees are reportedly no longer working at Netflix.

Though Netflix hasnt said why it closed its big-budget studio, the move seems like a shift away from Grand Theft Auto-sized ambitions and a refocus on its cheaper strategy of building mobile games tied to its reality shows like Love is Blind and Selling Sunset.

Team Blue was launched less than two years ago and helmed by big names with stacked gaming resumes, including Halo creative director Joseph Staten, God of War art director Rafael Grassetti, and Overwatch executive producer Chacko Sonny. All three employees are reportedly no longer working at Netflix.

Though Netflix hasnt said why it closed its big-budget studio, the move seems like a shift away from Grand Theft Auto-sized ambitions and a refocus on its cheaper strategy of building mobile games tied to its reality shows like Love is Blind and Selling Sunset.

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Paramount and Microsoft’s Activision agree to partner on a “Call of Duty” movie

Less than a month after forming, Paramount Skydance has landed another major piece of intellectual property. The studio said it’s signed a deal with Microsoft’s Activision to create a live-action “Call of Duty” film.

The competitive shooter is one of the most popular gaming franchises in the world and has been the US’s bestselling series for the past 16 years. The next title in the 22-year-old franchise, “Black Ops 7,” will debut in November.

Paramount, which closed its merger with Skydance in August, has had a summer of big deals. It acquired UFC broadcast rights in a $7.7 billion deal with TKO last month, following a $1.5 billion deal for “South Park” rights in July. The company also lured “Stranger Things” creators away from Netflix last month for a four-year film and TV development deal.

The competitive shooter is one of the most popular gaming franchises in the world and has been the US’s bestselling series for the past 16 years. The next title in the 22-year-old franchise, “Black Ops 7,” will debut in November.

Paramount, which closed its merger with Skydance in August, has had a summer of big deals. It acquired UFC broadcast rights in a $7.7 billion deal with TKO last month, following a $1.5 billion deal for “South Park” rights in July. The company also lured “Stranger Things” creators away from Netflix last month for a four-year film and TV development deal.

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