Netflix has also acquired or spun-up a number of studios to support its gaming pipeline. The most recent additions were a mobile game studio in Helsinki, a new studio in southern California, and Cozy Grove developer Spry Fox. But with the closure of Blue, Netflix’s trend of expansion may be over as well as its grander AAA ambitions.

Netflix's gaming arm is best known for its indie and mobile titles, but the company recently made a push into AAA by hiring execs from high-profile franchises like Halo, Overwatch and God of War. That strategy may be coming to an end,

From the moment it was announced that Netflix had hired a team of former Blizzard, Bungie and Sony developers to create a AAA game, it felt too likely that little or nothing would come of it. Non-gaming companies deciding to try to grab a slice of the giant pie by spending money to recruit big names often seems to end this way (although Amazon is rather noticeably countering this right now).

Talent included Overwatch executive producer Chacko Sonny and God of War Ragnarok art director Rafael Grassetti

Netflix has reportedly closed its internal game studio in Southern California, which was poised to release a AAA game. Known as team 'Blue', this was one of a handful of internal studios founded by Netflix as part of its expansion into games.

Team Blue, a triple-A development studio established by Netflix Games, has been shut down, as per a report from Stephen Totilo. It’s been less than two years si

Known as Team Blue, the studio had such talent as Halo's Joseph Staten, Overwatch's Chacko Sonny, and Sony Santa Monica's Rafael Grassetti.