Netflix Buys Its Third Gaming Studio in Six Months

Samson Amore

Samson Amore is a reporter for dot.LA. He previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Samson is also a proud member of the Transgender Journalists Association. Send tips or pitches to samsonamore@dot.la and find him on Twitter at @Samsonamore. Pronouns: he/him

A still from one of Boss Fight Entertainment’s games.​
Netflix/BossFight

Netflix is continuing its expansion into the world of gaming with the acquisition of yet another mobile game developer, Boss Fight Entertainment.

On Thursday, the streaming giant announced it is buying Texas-based Boss Fight as it looks to “build out our in-house creative development team” on the gaming side. Financial terms of the transaction were not disclosed.


The deal, Netflix’s third acquisition of a gaming studio in roughly six months, is part of the company’s push into the gaming market. After acquiring Glendale-based Night School last September, Netflix picked up Finnish mobile gaming company Next Games for $72 million earlier this month.

A gif of Netflix Games and Boss Fight Entertainment\u2019s new partnership.Courtesy of A gif of Netflix Games and Boss Fight Entertainment’s new partnership.Netflix/BossFight

So far, Netflix’s priority has been capitalizing on the mobile gaming market, which is now one of the fastest-growing segments of video gaming. The company has now released 16 titles since launching mobile games in November—including titles that use intellectual property from Netflix original series like “Stranger Things”—and plans to drop its first-ever first-person shooter game by the end of this month

“We’re still in the early days of building great game experiences,” Netflix vice president of game studios Amir Rahimi said in a statement Thursday. “Through partnerships with developers around the world, hiring top talent and acquisitions like [Boss Fight], we hope to build a world-class games studio capable of bringing a wide variety of delightful and deeply engaging original games—with no ads and no in-app purchases—to our hundreds of millions of members around the world.”

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Plus Capital Partner Amanda Groves on Celebrity Equity Investments

Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+ Shift.com, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.
PLUS Capital​’s Amanda Groves.
Courtesy of Amanda Groves.

On this episode of the L.A. Venture podcast, Amanda Groves talks about how PLUS Capital advises celebrity investors and why more high-profile individuals are choosing to invest instead of endorse.

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David Shultz

David Shultz is a freelance writer who lives in Santa Barbara, California. His writing has appeared in The Atlantic, Outside and Nautilus, among other publications.

Rivian Stock Roller Coaster Continues as Amazon Van Delivery Faces Delays
Courtesy of Rivian.

Rivian’s stock lost 7% yesterday on the back of news that the company could face delays in fulfilling Amazon’s order for a fleet of electric delivery vans due to legal issues with a supplier. The electric vehicle maker is suing Commercial Vehicle Group (CVG) over a pricing dispute related to the seats that the supplier promised, according to the Wall Street Journal.

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