Netflix has reportedly shuttered its AAA studio Team Blue which featured talent that had worked on the likes of 'Halo Infinite', 'Overwatch', and 'God of War: Ragnarok'.

First reported in Game File and confirmed by Netflix, the streaming company has quietly closed of one of its studios, the first in the three years since the company began its foray into gaming. Netflix has also acquired or spun-up a number of studios to support its gaming pipeline.

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).