Netflix Inc. Co-Chief Government Officer Ted Sarandos mentioned he’s thrilled with the corporate’s efforts to broaden into gaming, however timing of the plan stays foggy.
Sarandos mentioned the push into video video games on the Code Convention in Beverly Hills, California, on Monday, saying there was no laborious deadline for the transfer. The enlargement, which was first reported by Bloomberg in July, includes creating authentic and licensed video games on Netflix’s platform.
The embrace of video video games marks Netflix’s first important foray past TV reveals and movies, and Wall Road has seen the transfer with some apprehension. However the hope is the characteristic will give the corporate one other approach to lure clients — and preserve those it already has.
On the convention, Sarandos additionally tamped down the concept Netflix would possibly purchase a cinema chain. He mentioned that film theaters will survive the streaming period, however they’ll change into dearer. He additionally mentioned Netflix wasn’t fascinated about being acquired itself.
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And don’t search for Netflix to launch a music or information service. Sarandos signaled that such a transfer was unlikely too.
