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GAMING AND VFX

Netflix might soon enter the video games segment and deliver its services at no extra cost

Netflix might soon enter the video games segment and deliver its services at no extra cost
The Siliconreview
16 July, 2021

Video streaming giant Netflix is gearing up to foray into the gaming segment.  The streaming platform has also recently hired the services of former Facebook and EA executive Mike Verdu as VP for its Game Development effort. As of now, Netflix offers TV shows and movies on its streaming platform, and in recent times it has been hinting at entering the gaming market. In two separate announcements, Netflix had stated it would be launching Kids Recap Email and Top 10 row for Kids to make its services more kids-friendly.

According to the recent reports from Bloomberg, Netflix might enter the gaming segment by the end of next year. It is speculated that the games might be offered for no extra cost initially, and this will help the company establish its presence in a more saturated market like the US. Netflix’s first major announcement regarding its entry into gaming came at E3 2019, when a game based on Stranger Things was revealed. Back in May, the company was on the lookout for new key executives to help the company in game development, and so far, Netflix has experimented with TV Shows and movies like Carmen Sandiego, Bandersnatch, and Black Mirror, among others.