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Netflix plans to close two gaming studios, including one in Hollywood

Netflix said it is in the process of closing two of its gaming studios, as the division is making another round of organizational changes.

The Los Gatos, Calif., streamer said it closed the Hollywood-based gaming studio Night School, the maker of narrative games like “Oxenfree,” on Thursday and has proposed to close Helsinki, Finland-based gaming studio Moonloot. Night School was the first game developer Netflix purchased in 2021 as it expanded into gaming. At the time, the streamer was under pressure by investors to diversify its content to attract more customers, after experiencing two quarters of subscriber losses in 2022.

Night School viewed the acquisition at the time as “such a natural pairing” as the gaming studio wanted to stretch its narrative aspirations on original games and Netflix has a reputation of giving TV and film creators an “unprecedented canvas” to bring entertainment to millions of people, according to a blog post on its website.

In an email, a Netflix spokesperson said it is eliminating roles because the company believes it can operate more strategically and efficiently in its games business. The spokesperson declined to provide the number of workers affected.

Last year, the company shut down Boss Fight Entertainment, one of the gaming studios it acquired in 2022.

Games on Netflix have had mixed results. At the end of 2024, Epic Games executive Alain Tascan joined Netflix as president of the division and under his leadership, it has focused on key areas including kids, party games like “Netflix Minigolf,” narrative games and mainstream games like “FIFA World Cup: Launch Edition.” The company also removed games in part because they did not have high engagement from its library.

Last year, Netflix unveiled several party games including “Boggle Party” and “Pictionary: Game Night.”

In June, Netflix released a narrative game made by Night School called “Unhinged” about a woman who is trapped inside her apartment during a hurricane and is trying to find safety. Voice actors in the game include Zoë Kravitz and Sadie Sink.

In a July earnings presentation, Co-CEO Greg Peters reminded analysts of the market opportunity for games, with $150 billion in consumer spending not including ad revenue or markets in China and Russia. He said the streamer is seeing solid numbers from its cloud games such as FIFA and “Unhinged” and higher adoption and retention in the cloud games than mobile games. He also said there has been strong engagement and growth from kid games.

“We’re just getting started here,” Peters said. “We’re scratching the surface in terms of what we think the total potential of the space offers for us.”

The layoffs come as Netflix stock has declined 37% from a year ago. Investors are concerned about how much time people are spending on Netflix compared to rivals like YouTube. YouTube represents about 14% of streaming-watch time by U.S. viewers on TVs, compared to Netflix’s 8% in May, according to Nielsen.

In addition to games, Netflix has added other types of content to its streaming service over the years including live events like NFL football games and video podcasts.

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Spotify to label ‘AI personas’ and rid AI music from recommendations

In its latest effort to protect human creators from the flood of synthetic music, Spotify will soon require AI-generated identities to carry an “AI Persona” label while barring their tracks from users’ algorithmic mixes.

The change will take effect in mid-September. It follows Spotify’s earlier moves to help subscribers understand the difference between genuine and artificial creators. The platform announced a verification badge in April designed to highlight human artists. In a statement Tuesday, Spotify said the new AI Persona label is meant to make the streamer “the most transparent and trustworthy place to listen to music.” Music from labeled AI Personas will also be excluded from the Swedish company’s personalized recommendations by default.

“While we believe all artists have creative choice in determining how they present themselves, Spotify’s programming is focused on elevating music from authentic artists building careers in music,” the company said .

The AI persona badge will soon appear on an artist’s profile, in the search feature and in playlists.

This is a step in the right direction, said Tiffany Naiman, the director of Music Industry Programs at UCLA. But, she said, she’s more interested in how the company will be identifying AI personas.

“I want to know the process. How [will they] know the difference? Are there going to be [real] artists that get tied up in it?” Naiman said. “It feels very ‘Blade Runner,’ right? Like you’re human, you’re not human.”

Starting Tuesday, Spotify users will be able to identify themselves as AI personas, if applicable. But the company said it “won’t rely on self-disclosure alone” and will use “human review alongside AI investigative tools to apply the label.”

Artists who get labeled as AI personas by Spotify will be allowed to appeal the label. In the coming months, users will also have the ability to report artist profiles as potential AI personas.

The label is the latest feature from the streaming platform that builds on transparency between the artist and their listeners. Recently, Spotify has also introduced SongDNA, an interactive feature that shows the creative team behind the track; AI Credits, a disclaimer where artists can reveal how much AI was used in their creative process and Artist Profile Protection, which allows artists to review and approve all releases on Spotify.

Artificial intelligence is becoming an essential part of Spotify’s business. The company announced a new AI deal last week with the digital music licensing company Merlin. The partnership will enable artists across the more than 30,000 labels and distributors in Merlin’s network to participate in Spotify’s upcoming AI tool. It hasn’t launched yet, but the goal is to let fans create AI-generated remixes and covers of existing songs on the platform.

Spotify is following in the steps of other streaming platforms that have taken more aggressive approaches to the new technology. Deezer, a French streamer, was the first to detect, tag and exclude AI-generated music from algorithmic recommendations. The company recently disclosed that up to 90,000 AI tracks are being uploaded to the platform daily, representing more than 50% of its new music uploads. Tidal has banned AI-generated music from receiving royalties on its platform.

“We know the music ecosystem is evolving, and so will our approach,” said Spotify in a statement. “We’ll continue to adapt as the landscape changes and as we learn from artists, listeners, and industry partners.”

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Producer sues Netflix over lost unreleased Nicolas Cage movie

A producer sued Netflix on Wednesday, alleging the streamer lost an unreleased copy of a new Nicolas Cage movie and seeking damages of at least $105 million.

Producer Simon Afram invested more than $45 million of his own money making “Fortitude,” a film that takes place during World War II and features actors including Cage, Sir Ben Kingsley and Ron Perlman, according to the lawsuit. The movie, described as “Ocean’s Eleven” meets “Inglourious Basterds,” is based on Operation Fortitude, an effort during World War II in which double agents set a trap for Adolf Hitler and his armies. The movie has not yet been released and is seeking buyers.

“Fortitude” had its own mystery last month when the drive that once held the movie went missing.

On June 15, Daniel Haido, an associate producer of “Fortitude,” dropped off an unencrypted copy of the movie for Netflix to view and instructed the staff to delete the files after the screening. Haido also told Netflix to notify him when the drive was ready for pick up, but Netflix was unresponsive to several efforts to pick up the drive, the lawsuit said. On June 25, Netflix notified Haido that the drive had been stolen.

“Unfortunately, someone stole a good amount of drives from our office desks this past week,” Sean Berney, a director for original film at Netflix, wrote in a June 25 email, according to the lawsuit. “We’ve been working through this with our security teams to no luck.”

Berney in his email offered to reimburse Afram’s company for the missing drive or create a new digital cinema package, according to the lawsuit.

But Afram in his lawsuit said the damage was much greater than that. He is seeking economic damages of at least $105 million, along with other costs.

“By losing control of the Film, Netflix destroyed that exclusivity and materially, if not completely, impaired the Film’s marketability,” his lawsuit said. “It is not fathomable that a sophisticated buyer would invest tens of millions of dollars to acquire the Film — and tens of millions more to market it — while facing the constant risk that it could appear online to be viewed widely for free at any time.”

Netflix in a statement said it is conducting an investigation and is offering to monitor piracy sites for any unauthorized distribution or sale of the film. The streamer accused Afram’s law firm of “hostile attempts to extort money from Netflix over this situation — including immediately demanding $165 million for the film rather than work with us in good faith.”

“Netflix disputes any claim that it bears the risk of loss for a film delivered without the proper industry-standard safeguards,” the company said in a statement. “While we do not own the rights to ‘Fortitude,’ we take content security seriously and have taken extra measures to support the filmmaker and his team.”

Akerman LLP, one of the firms representing Afram in his lawsuit, declined to comment, citing pending litigation. Johnson & Johnson LLP did not immediately return a request for comment.

Regarding Netflix’s statement, a spokesman for Afram said, “Our lawsuit speaks for itself.”

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US streamer MrBeast weds stunning fiancée as he ties the knot on Richard Branson’s Necker Island in week-long bash

AMERICAN streamer MrBeast has married his stunning fiancée in a week-long bash on Richard Branson’s private island retreat.

Top YouTube creator MrBeast, whose real name is Jimmy Donaldson, has tied the knot with Thea Booysen.

"Marty Supreme" Los Angeles Premiere - Arrivals
MrBeast and Thea Booysen met in 2022 Credit: Getty
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The couple, who got engaged in 2024, are now husband and wife Credit: Instagram/mrbeast

After dating for four years, Jimmy and Thea got said ‘I do’ on Richard Branson‘s ultra-luxury Necker Island resort.

“I found MrsBeast. And it was the best day of my life,” he announced on Instagram, alongside a sweet snap of them on their wedding day.

Fans rushed to the comments to congratulate the newlyweds, with one person writing: “All the best for your newly married life and congratulations both of you.”

Another then wrote: “Really happy for you guys, may god keep you together forever.”

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The couple’s wedding was attended by 70 loved ones, as per reports.

Their lavish wedding kicked off on July 14, with the festivities going on for a week at the stunning 74-acre private island in the Caribbean.

The couple first met when MrBeast was visiting South Africa, Thea’s home country.

Both Jimmy and Thea are gamers and content creators, though she was quite shocked by how down-to-earth he was.

Speaking to People, Thea said: “When I met him, I was quite surprised how down-to-earth he was, and also how intelligent he was.

“I thought YouTubers were just sort of a persona, but when I met him, I was quite surprised to see that he’s actually a nice guy. He wasn’t sitting there with an ego.”

MrBeast’s YouTube channel has over 500m followers, and his Instagram page is nearing 90m followers.

The 28-year-old content creator was born in Wichita, Kansas, but is now based in North Carolina.

He first joined YouTube in 2012 when he was just 13.

He began by uploading videos of video game playthroughs and net worth estimates of fellow YouTubers.

MrBeast has now scaled his massive YouTube stunts into a global, multiproduct production studio. 

Under Beast Industries, he oversees a media empire, food lines (Feastables and Lunchly), analytical tool Viewstats, and licensing deals. 

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Netflix stock plunges to 52-week low following mixed earnings report

Netflix stock plunged 9% on Friday morning to $67.74 a share, after the streamer’s second quarter earnings report renewed concerns among investors and analysts about the streamer’s future growth.

The Los Gatos-based company on Thursday narrowed its 2026 forecast to $51 billion to $51.4 billion from $50.7 billion to $51.7 billion, causing equity analysts to cut their estimates. The stock reached a new 52-week low on Friday and is down 49% from a year ago.

“This outlook likely reinforces investor concerns,” wrote analysts from Guggenheim Securities in a research note on Friday, which has a “buy” rating on the stock.

Netflix did not immediately respond to a request for comment on its declining stock price.

Investors have been skittish about the amount of time people spend on the streaming platform. Netflix’s share of TV viewing time in the U.S. has steadily declined in recent months as YouTube has gained market share, according to Nielsen data.

Investors are concerned that if people spend less time watching Netflix, it could cause people to cancel their subscriptions and make it more challenging for Netflix to raise prices in markets like the U.S.

Netflix said engagement is healthy on its platform and its programs continue to draw large audiences with popular shows like crime drama series “I Will Find You.”

Netflix said subscribers watched more than 97 billion hours on the streaming service in the first half of the year, up 2% from a year ago.

“We are increasingly concerned that younger generations are less interested in long form content as their time migrates to ‘free’ social media platforms,” wrote Jeffrey Wlodarczak, CEO of Pivotal Research Group in a report on Friday, who has a hold recommendation on Netflix stock. “We believe this will result in slower subscriber growth and attempts by the company to offset this via more aggressive price increases and investment in content.”

Netflix executives in a Thursday earnings presentation emphasized that measuring engagement at the company goes beyond hours spent watching the streaming service.

“There is not a linear relationship between view hours and revenue and profit because all hours are not created equal,” said Greg Peters, Netflix co-CEO on an earnings presentation on Thursday. “All hours don’t provide the same kind of value to the business.”

The streamer said it plans to allocate just over 5% of its content spend on live programming this year. Live content has been a key driver for subscriptions, accounting for six of the top 10 new member sign-up days over the last five years, the company said, even though it makes up roughly 1% of overall watch time this year.

The company is also diversifying the content it offers on its platform, adding live sports games and video podcasts, in addition its large library of TV shows and movies.

Netflix revenue rose 13% to $12.6 billion in the second quarter. Net income was $3.4 billion, up 9% from a year ago.

The company said its advertising business is on track to reach $3 billion in revenue this year, double the amount in 2025.

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Netflix to add videos from digital publishers to its homepage

Netflix is going bite-sized. In a pivot toward the short-form content dominating TikTok and YouTube, the streaming giant announced it will start hosting three- to 20-minute videos from top digital publishers right on its homepage starting Aug. 3.

The streamer said U.S. customers will see “fan-favorite videos” from brands run by digital publishers, including BuzzFeed Studios, Condé Nast, Hearst Magazines, PMX (a subdivision of Penske Media), People Inc. and Tastemade. The videos will cover a variety of topics, including gardening tips, travel and celebrity profiles.

The rollout comes as Netflix competes for audience time from YouTube and social media platforms such as TikTok that have viral videos that can occupy users for hours. By bringing series such as BuzzFeed Celeb’s “30 Questions,” on which celebrities provide answers, or Vanity Fair’s “Lie Detector,” on which celebrities are hooked up to polygraph machines, Netflix users can learn more information about the people they already watch on the streamer, but in shorter videos.

“Members don’t just want to watch a show or film and move on. They want to keep exploring the stories and personalities they love long after the final credits roll,” said John Derderian, a Netflix vice president overseeing the initiative. “These partnerships help us deepen fandom and create more ways for members to carry those stories with them throughout their day.”

Netflix said it will offer licensed archival and ongoing series, including Harper’s Bazaar’s “Burning Questions,” Billboard’s “24 Hrs With” and People’s “My Life in Pictures” that provide an inside look at celebrities.

The videos from digital publishers will also be available to Netflix customers in Canada, the United Kingdom, Ireland, Australia and New Zealand on Aug. 3.

The Los Gatos, Calif., streamer over time has been expanding its library of content, adding games, live programming such as boxing matches and football games, alongside movies and TV shows.

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’47 Ronin’ director gets prison sentence for defrauding Netflix

Carl Erik Rinsch, the director of the 2013 Keanu Reeves action film “47 Ronin,” will serve more than two years in federal prison for defrauding Netflix of $11 million.

U.S. District Judge Jed S. Rakoff on Monday sentenced 48-year-old Rinsch to 30 months in prison, the U.S. Attorney’s Office, Southern District of New York, announced. Federal prosecutors convicted Rinsch in December of wire fraud, money laundering and other counts. A legal representative for Rinsch did not immediately respond to a request for comment on Tuesday.

Federal prosecutors indicted Rinsch in March 2025, alleging the $11 million went into Rinsch’s personal accounts. The filmmaker “quickly transferred” the money from the Rinsch Co. account, where it had been deposited March 6, 2020, by Netflix, through additional accounts until about $10.5 million wound up weeks later in a personal brokerage account. He lost more than half of that money in less than two months via risky investments in the stock market, the indictment said.

Though Rinsch told the streamer that his sci-fi show “White Horse” was progressing nicely, the filmmaker allegedly moved the remaining money into cryptocurrency and profited from crypto speculation over the next couple of years. The streamer had invested around $44 million in the show. Rinsch was accused of spending around $10 million on five Rolls-Royces, a Ferrari, watches, clothing, luxury bedding and linens, credit card bills, attorneys to sue Netflix for more money, and lawyers to work on his divorce.

He was arrested in West Hollywood and released the same day after agreeing to post a $100,000 bond to guarantee his appearance in a New York federal court.

Rinsch never finished the Netflix show.

During his sentencing, Rinsch and his legal team told the court his behavior was a result of mental health struggles and medication problems and they are working to address those issues with a new care provider, the Associated Press reported.

“I failed to recognize the danger of the state I was in,” Rinsch said, though his mental issues were not described in court, and his attorneys declined to provide further detail.

Ahead of the sentencing, Reeves — the star of Rinsch’s most notable project to date — penned a letter in May requesting “leniency and mercy as well as justice” in the filmmaker’s sentencing.

In addition to prison time, Rinsch must serve three years of supervised release, forfeit the $11 million and pay $700 in mandatory special assessments, according to Monday’s announcement. U.S. Attorney Jay Clayton said in the announcement: “Today’s sentence sends a deterrent message: fraud will not be tolerated.”

The Associated Press and former Times assistant editor Christie D’Zurilla contributed to this report.

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‘Michael’ is streaming; ‘The Verdict’ prosecutor details threats

Nearly 17 years after the King of Pop’s death, Michael Jackson is dominating the box office, television ratings and headlines.

Michael,” the biopic about the star that hit theaters in April, has surpassed $900 million at box offices globally, according to Deadline, making it the second-highest-grossing film of 2026 behind “The Super Mario Galaxy Movie,” which hit $1 billion. Although “Bohemian Rhapsody” is still the highest-grossing musical biopic, “Michael” is a mere $11 million behind and will likely snag the title in coming weeks.

The film, which stars Jackson’s nephew Jaafar Jackson, follows the “Thriller” hitmaker from his early career leading the Jackson Five to reaching pinnacle star status in the late ’80s. The film’s timeline ends before 1993, when Jackson faced sexual abuse allegations brought by 13-year-old Jordan Chandler.

On Tuesday, “Michael” was released to streaming services, and fans at home can rent or buy on-demand from Amazon Prime Video and other platforms.

Also available for streaming is the Netflix docuseries “Michael Jackson: The Verdict,” which became available on June 3 and dominated the streamer’s charts with nearly 18 million views in its first week. The three-part series examines the pop star’s 2005 molestation trial, in which he was acquitted of all charges, and features key players from the trial, including jurors, eyewitnesses and prosecutors.

The lead prosecutor, Ron Zonen, spoke with TMZ on Tuesday and said that, although he wasn’t sure audiences would view the allegations with a different lens 20 years later, he wanted the documentary to be “as accurate as possible” and feature “the perspective of people who were involved in the trial.”

As far as the response from viewers, Zonen told the outlet that he’d received threats via email. “Well, there are people who are fans, who express their displeasure at the position that we took in this documentary, and express their displeasure very clearly to me,” he said, adding that he’s not bothered by the bad blood with mega-fans, and that the threats were more numerous at the time of the trial.

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What to watch on Netflix as 2026 World Cup kicks off

Netflix’s latest worldwide wager is a menu of programming designed to feed the building fútbol frenzy that will explode in mid-June, when the FIFA World Cup begins. They might even win some Stateside converts ahead of the platform’s presentation of the CONCACAF Gold Cup and Nations League finals in 2027 and 2029.

“We say our goal is to entertain the world; in order to [do that], we need to entertain every single country” where Netflix has a presence, says Francisco Ramos, the streamer’s vice president of original content, Latin America. “Our superpower is that we’re so deeply rooted into local storytelling, then that becomes global.

“Netflix is uniquely qualified at building global audiences” for international sports content, he says. “We are very conscious and deliberate about it.”

Not that original sports content is anything new for the streamer; its first-ever original international series, “Club de Cuervos,” was a Mexican dramedy about a soccer club. But this salvo is precision-guided to hit as about 5 billion viewers get hyped for the global tournament.

“Four years ago, during the World Cup, we launched [an Argentine] documentary called ‘Sean eternos: Campeones de América’ [‘Captains of the World’], and it was massive, and then Argentina ended up winning a few months later,” says Ramos. “Right now, as the World Cup arrives, it’s very passionate.”

It’s not just Latin America that’s being targeted with new programming: There’s a trio of documentaries about Jamie Vardy, Liverpool’s 2005 Champions League-winning team and footballer-turned-actor Vinnie Jones under the “Untold UK” banner; “Poldi,” on German superstar Lukas Podolski; and “The Bus: A French Football Mutiny,” about the national team’s rocky 2010 World Cup journey.

A scene from "USA ’94: Brazil's Return to Glory."

A scene from “USA ’94: Brazil’s Return to Glory.”

(Netflix)

The World Cup-contending squad

For fans, the slate offers documentaries on landmark moments in Cup history (“USA ’94: Brazil’s Return to Glory”), superstar players (“Emi Martínez: The Kid Who Stops Time” and “James”) and even up-and-comers in a prestigious amateur tournament in Brazil (“The Root of the Game”).

But for the uninitiated, apart from the streamer’s FIFA soccer simulation game coming this summer, the gateway drug may be “Ronaldinho: The One and Only.” The doc spotlights one of the most improvisational and dynamic players ever, soccer’s Magic Johnson. The legendary attacking midfielder was a wizard on the pitch and a charisma machine off it.

“Ronaldinho retired from soccer [in 2018], and he’s still in the mainstream. He has 80 million followers on Instagram,” says Luis Ara, director of “Ronaldinho” and “USA ‘94.” “You have [superstars Lionel] Messi and Neymar [da Silva Santos Júnior] talking about him like he’s God.

“He was always so cool … for him, it was not only about winning a game; it was also about entertaining the people.”

Scripted offerings include the feature “Mexico ’86,” starring a wildly hustling Diego Luna. It’s a nasty comedy about the wheeling and dealing (and outright bribery) that landed Mexico the right to host its second World Cup. Non-soccer fans might enjoy the snarky dialogue and bare-knuckled machinations — it plays like a Spanish-language, soccer-themed “Succession” or “Marty Supreme.”

“Brazil ’70: The Third Star” is a miniseries about that country’s campaign to win a third World Cup, led by a name even non-fans know: Pelé. Rodrigo Santoro stars as Coach João Saldanha.

“Brazil was in the midst of the dictatorship; they had to somehow generate some sort of national pride,” says Ramos. “The only thing that unites Brazilians 100% is their team. It becomes this compelling thing about how society is so intertwined with sports, and how sports are so intertwined with politics in Latin America.”

Soccer superstar Ronaldinho Gaúcho is interviewed in the new Netflix documentary "Ronaldinho."

Soccer superstar Ronaldinho Gaúcho is interviewed in the new Netflix documentary “Ronaldinho.”

(Netflix)

Is converting new American fans a realistic goal?

When soccer is the No. 1 sport in so many nations, why isn’t it bigger here?

It might have to do with the U.S. not having been a major player on the world stage, at least on the men’s side. The men’s team’s highest World Cup finish in the modern era is the quarterfinals in 2002, while U.S. women’s teams have won a record four World Cups. But the men have qualified for the tournament this year — which will be played partially in the States — and analysts say the team has improved, though they’re no one’s favorites to win it all.

Ramos says if American audiences stop seeing it as a competition between football and fútbol, they might come to appreciate soccer’s nuances.

“Take a look at the last 20 minutes of the World Cup four years ago, between France and Argentina. It’s the most extraordinary, beautiful art of people moving, and moving in extraordinary coordination. It’s like, the most-watched online thing ever.”

Beyond Netflix’s big bet on the World Cup slate, it’s not hard to get Ramos and Ara to make further wagers on this year’s tournament.

“Four teams have huge chances to win: Spain, France, Argentina and Brazil,” says Ara. “My heart is with Uruguay, but I don’t know if we’re gonna have a chance. Because of my bond with Brazil nowadays, I wish they could win again. A player once said to me, ‘Brazil is the second national team for any fútbol supporter.’ ”

“Oh my God, I will get in trouble,” says Ramos. “I’m Mexican, and it takes place in Mexico [and the U.S. and Canada], but … I’m gonna go with Argentina. My No. 2 would be Brazil.”

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