KEY POINTS
  • Netflix will be opening an internal game studio in Finland, the company announced Monday.
  • Netflix Games, which started in November 2021, has purchased three studios.
  • As of August, fewer than 1% of Netflix subscribers were engaging with its games.

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Netflix gift cards are seen in a shop in Kraków, Poland, June 13, 2022.

Netflix said Monday it will be opening an internal game studio in Finland.

The development marks the company's first of its kind since the streaming giant entered the mobile gaming space in November 2021. It bought Finland-based Next Games for about $72 million and has purchased three external game studios over the past year.

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