As far as I am aware, there is no official Friv5Online Games Studio. However, "Friv" is a popular online gaming website that features a wide range of free online games. The website is known for its user-friendly interface and large collection of games that are suitable for players of all ages.

It is possible that "Friv5Online" refers to a specific section or category of games on the Friv website, or it could be a third-party website that offers games similar to those found on Friv. However, without more information it is difficult to say for certain.

What is Games Studio?
A games studio, also known as a game development studio, is a company that creates video games. Game development studios can vary in size from small indie developers consisting of just a few individuals, to large multinational corporations employing hundreds or thousands of developers.

A game development studio typically employs professionals from various disciplines, including programmers, artists, designers, musicians, and writers, who work together to create the various elements of a video game. Game development studios can specialize in a particular genre of games, such as first-person shooters or role-playing games, or they may develop games for a variety of platforms, including consoles, PCs, and mobile devices.

Game development studios may work on their own original game concepts, or they may be hired by publishers or other clients to create games based on existing intellectual property or to produce branded content. The process of creating a video game typically involves multiple stages, including concept development, prototyping, production, testing, and release.

Conclusion
In summary, a games studio is a company that creates video games. These studios can vary in size and can specialize in particular genres or platforms. They employ professionals from various disciplines to work together to create video games, which involves multiple stages of development, from concept to release. Game development studios can work on original concepts or be hired by clients to produce games based on existing intellectual property or branded content.