The last two didn’t bomb. Oxenfree 2 is estimated to have made a modest profit despite being available for “free” on Netflix and it was critically very well received.
Netflix is just freaking out over nothing. They chop things way too early. They need to decide if they actually want to get into the game world or not. Decisions like this will fast track them to “not.”
Edit: ehhh I’ll dial back “modest profit” the info I see is very incomplete and I can’t get a read on the budget, switch sales, etc. Just too much missing info to say one way or another. Regardless it can’t have cost them that much and it was an excellent game. Netflix needs to let people cook for once. Especially if they aren’t risking hundreds of millions on a AAA game. Oxenfree 2 played great on my tablet, I actually preferred it with touch controls tbh. It was an excellent experience and they’re foolish to not keep moving down that road.