Netflix, a US production and subscription-based streaming services provider, is now poised to enter the gaming industry.
Netflix has offered to buy Finnish mobile game studio Next Game. And plans to invest 65 65 million in this area.
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According to a statement issued by Netflix, the company has offered to buy the publicly listed mobile game company Next Game.
“We are excited to join Netflix as a core studio for the next game,” said Michael Verdo, vice president of games for Netflix.
Following the Netflix statement, shares of Next Games rose 119% to 2.04 euros. Earlier, it closed at 0.93 euros on the Nordic First North Stock Exchange at the close of trading on Tuesday.
Netflix, which entered the mobile gaming market in November last year, now plans to invest 65 65 million in Next Game Studio, an offer made by the mobile game company’s board of directors. ۔
According to both companies, the agreement is expected to be completed by the end of June.