Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
05/23/2025
No Comments
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
March 2, 2022: -Netflix has offered to buy mobile game maker Next Games as the streaming giant pushes more into gaming.
Next Games is the Finnish studio behind a mobile game based on Netflix’s superhit show “Stranger Things.”
Netflix is planning to pay 2.10 euros in cash per share of Next Games, for a total value of approximately 65 million euros, the two companies said in a statement on Wednesday.
Next Games shares doubled on Wednesday, trading close to Netflix’s offer price.
The companies expect the deal to close in the second quarter of 2022.
Last year, Netflix stepped up its push into gaming as it looks to expand its business beyond streaming. The company hired Mike Verdu from Facebook to be vice president of games while building its gaming unit from scratch.
In November, the company began rolling out its first mobile games to subscribers.
Acquisitions of smaller gaming studios are one-way companies like Sony’s PlayStation and Microsoft’s Xbox have managed to find success. Chinese internet giant Tencent has also been prolific in investing and acquiring smaller mobile game studios. This strategy is something Netflix is looking to replicate, with intellectual property and hit titles being key to success in gaming.
Verdu said Next Games would be essential to Netflix’s gaming push.
“We are excited for Next Games to join Netflix as a core studio in a strategic region and key talent market, expanding our internal game studio capabilities,” he said in a statement on Wednesday.
“While we’re just getting started in games, I am confident that together with Next Games, we will be able to build a portfolio of world-class games that will delight our members around the world.”
Next Games was founded in 2013 and makes a game called “Stranger Things: Puzzle Tales,” a mobile role-playing game.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
Zelenskiy–Trump summit boosts markets as equities rise and the dollar steadies amid growing peace hopes. Investors await Fed insights at Jackson Hole for further direction.
Statistics Canada is investigating an accidental early release of June manufacturing data, raising concerns over data governance and market integrity. The agency has launched an internal review to strengthen its publishing protocols.
Investor confidence in France is deteriorating as political gridlock and budgetary uncertainty deepen.
The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
