Netflix has shut down Squid Game: Unleashed developer Boss Fight Entertainment around three years after acquiring the studio.
Boss Fight CEO and co-founder David Rippy confirmed the news on LinkedIn and described the situation as “rough.”
Notably, the U.S. studio was shuttered after Squid Game: Unleashed—which continues to be lauded by Netflix as an example of how its IPs can anchor immersive video game experiences—became a global chart-topper.
“I’m very grateful for the time we had at Netflix. We worked with some awesome people and made many games that I’m very proud of, including Squid Game: Unleashed which hit #1 in 26 countries,” wrote Rippy, who co-founded Boss Fight in 2013 alongside Bill Jackson (CCO), and Scott Winsett (COO).
“You’ll see lots of Boss Fighters with similar posts. Please consider them if you have any open roles—they are outstanding people and true professionals through-and-through.”
Boss Fight has been torched just over a year after Netflix appointed Alain Tascan as president of games following the departure of Mike Verdu. Tascan is attempting to implement a new anchored on the development of party games, children’s titles, and narrative experiences.
Game Developer understands Boss Fight was shuttered as a result of that strategic pivot. Both of the studio’s titles—Netflix Stories and Squid Game: Unleashed—will continue to be supported by the streamer.
“This is a less—is more strategy on a few identified verticals”
During a recent earnings call on October 21, 2025, Netflix co-CEO and president Gregory K. Peters said the company remains committed to its video game division but will be adopting a “less is more” strategy moving forward.
“We’ve been building a ton of foundations for the last few years, things like the ability just to develop games, to get those games on to service, connect games with players, give them a high-quality experience,” said Peters.
“And going forward, we’re building on top of that foundation, but focusing on offering more high-quality games and few key genres and targeting the right cohort of users. So this is a less—is more strategy on a few identified verticals.”
Peters explained Netflix is keen to introduce “special engaging party games” that can be played by entire families on the television while using their smartphones as controllers.
“The part that I like most about this is these games are super easy to access. It’s just like our series and films, you scroll the Games tab, you pick whatever you want, click it and you’re in. You don’t need a special controller. That’s key to this access,” he added.
Peters said Netflix will be investing “judiciously” in its video game business to achieve its goals.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.gamedeveloper.com ’
