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Night Street Games

1 known investors

Las Vegas game studio founded by Imagine Dragons' Dan and Mac Reynolds, developer of the 5v5 capture-the-flag shooter Last Flag.

Also known as Night Street Games

Investors Β· 1

Company profile

researched Aug 2026

Night Street Games is an independent video game studio founded by brothers Dan Reynolds, vocalist of the band Imagine Dragons, and Mac Reynolds, the band's manager, who serves as CEO and co-founder while Dan serves as chief creative officer. The studio is based in Las Vegas and describes itself on Steam as an independent studio building multiplayer games. Its team includes game director Matthew Berger, previously at Blizzard on titles including Diablo 3.

The studio's first title, Last Flag, is a third-person 5v5 hero shooter built around a capture-the-flag premise, set in a 1970s game-show-inspired universe hosted by a fictional media mogul. Teams hide their own flag rather than defending a fixed position, contest three central radar towers that heal teammates and progressively scan map sections to narrow down flag locations, and must defend a captured flag for one minute to win. Matches run roughly 20 minutes or less, players are removed to a "green room" rather than eliminated, and the roster consists of nine to ten characters with distinct abilities and roles. Development began on Unity and later moved to Unreal Engine; planned NPC monsters, fog-of-war mechanics and pick-up items were cut for pacing. The soundtrack was composed by Dan Reynolds with JT Daly and Dave Lowmiller (Battlefield, Dead Space) using vintage 1970s instruments, including a track played only on the defeat screen.

Last Flag was announced at Summer Game Fest 2025, offered a public demo during Steam Next Fest in December 2025, and released on Windows via Steam on April 14, 2026, with Epic Games Store distribution and console ports previously planned. The game drew mixed critical reception (Metacritic 69/100) and fewer than 600 players at launch; in May 2026 the studio ended post-release support beyond its existing roadmap, cancelled PlayStation 5 and Xbox Series X/S ports, and laid off approximately half its staff.

Founding story

Mac and Dan Reynolds grew up in a large family playing video games and playing capture the flag in the woods at night as Boy Scouts, an experience they considered unreplicated by capture-the-flag modes in existing games such as Halo. Mac had wanted to run a game studio since third grade and previously worked in 3D modelling and animation before managing Imagine Dragons; Dan is a coder and teased plans for a game in 2021, citing early work on voice acting and character sketches. After years of discussing the idea, the brothers founded the studio and built a first prototype of Last Flag, then recruited a development team including game director Matthew Berger, who joined after being shown the prototype.

Business model

The studio develops and self-publishes its own multiplayer game titles, selling Last Flag directly to players through PC storefronts including Steam and the Epic Games Store, with post-launch content updates planned as part of a roadmap. Coverage of the studio's downsizing indicates it secured funding for initial development and relied on post-launch revenue to sustain operations.

Paid PC game sales through digital storefronts, with post-launch revenue expected to support continuing operations.

Traction

Last Flag launched on April 14, 2026 and attracted fewer than 600 concurrent players at launch, with the count declining afterwards; it holds a Metacritic aggregate score of 69/100 and a 6/10 from Shacknews. The studio's Steam Curator page lists 782 followers.

Latest developments

In May 2026, two weeks after the launch of Last Flag, Night Street Games announced it would end post-release support beyond its existing roadmap and abandon planned PlayStation 5 and Xbox Series X/S ports, with CEO Mac Reynolds saying the game was unable to find the audience needed; the studio also expressed a desire to give the game to the community. Days after publicly assuring players it was not "going anywhere," the studio confirmed a workforce reduction attributed to the title's failure to reach anticipated financial results, cutting roughly half of its staff to about 13 employees. No new projects or revised roadmap have been announced.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Night Street Games is a small independent developer entering the hero shooter category, a segment described in industry coverage as crowded and dominated by established franchises requiring sustained player engagement. Its first title was compared by press to Team Fortress 2 in art style and positioned as a capture-the-flag-first, shooter-second experience distinct from capture-the-flag modes appended to other shooters.

The studio's stated design philosophy is "fun first, competitive second," with capture the flag as the core rather than an added mode. Distinguishing features include flags that players hide anywhere on the map rather than fixed flag positions, radar towers that give negative information about flag location, a downed state instead of outright elimination, a 1970s game-show setting, and a soundtrack recorded on vintage instruments by the band-affiliated founders.

Technology

Last Flag is built on Unreal Engine, having originally been prototyped in Unity. Design work centred on rebuilding the map around movable, hideable flags and on radar tower mechanics that reveal where a flag is not located, supported by extensive playtesting for balance.

Go-to-market

The studio revealed Last Flag at Summer Game Fest 2025 with a trailer and press interviews, ran a LAN party preview event in California in summer 2025 and a digital preview event that generated coverage in Polygon, PC Gamer and CGMagazine, and released a public demo during Steam Next Fest in December 2025 ahead of the April 2026 launch. It also maintains a Steam Curator page, which had 782 followers.

PC players of competitive multiplayer and hero shooter games, initially on Windows via Steam and the Epic Games Store, with console players previously targeted through planned ports.

Geography

Headquartered in Las Vegas, United States; BITKRAFT Ventures lists the company's region as North America. The team includes developers based in Canada.

History

The Reynolds brothers discussed making games together for years before formally starting the studio, building a first prototype of Last Flag and then assembling a development team. The game was announced at Summer Game Fest 2025, previewed via a LAN event and digital press showcase in 2025, demoed at Steam Next Fest in December 2025, and released on Windows on April 14, 2026. Following weak player numbers, the studio paused development, cancelled console ports and reduced its headcount in May 2026.

Risks & controversies

The commercial underperformance of the studio's only released title led to paused development, cancelled console ports and layoffs of approximately half the staff within weeks of launch, leaving the future of Last Flag and the studio uncertain. The layoffs came days after public statements that the studio was stable, drawing criticism over communication with players. Industry coverage notes broader pressures on independent and mid-sized developers, including rising development costs and the difficulty of sustaining hero shooters without continued player engagement.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employees after layoffsMay 202613 employees
Metacritic score (Last Flag)Jan 202669 out of 100
Players at launch (Last Flag)Apr 2026fewer than 600
Shacknews review score (Last Flag)Jan 20266 out of 10
Steam Curator followersJan 2026782 followers

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 5

launches, deals, and filings
May 2026
Layoffs of approximately half of staff

Night Street Games confirmed a workforce reduction after Last Flag failed to achieve anticipated financial success, cutting roughly half of its staff and leaving about 13 employees.

source β†—

May 2026
Post-release support ended and console ports cancelled

Two weeks after release, Night Street Games announced the end of post-release support for Last Flag beyond its planned roadmap updates and abandoned plans to port the game to PlayStation 5 and Xbox Series X/S, citing the game's inability to find an audience.

source β†—

Apr 2026
Last Flag released on Windows

Last Flag launched for Windows, developed and published by Night Street Games, priced at MX$59.99 on Steam, with console ports then in production.

source β†—

Dec 2025
Public demo released during Steam Next Fest

A public demo of Last Flag became available on Steam during Steam Next Fest.

source β†—

Jun 2025
Last Flag revealed at Summer Game Fest 2025

Night Street Games announced its debut title, the 5v5 third-person capture-the-flag shooter Last Flag, at Summer Game Fest, with a trailer and a planned 2026 launch on Windows PC via Steam and the Epic Games Store.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Night Street Games do?
Las Vegas game studio founded by Imagine Dragons' Dan and Mac Reynolds, developer of the 5v5 capture-the-flag shooter Last Flag.
Who are Night Street Games's investors?
Night Street Games's investors include Bitkraft Esports Ventures.