Netflix to Reportedly Start Offering Videogames on Service, Starting 2022

[Jill 31,812]

Netflix Inc., marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired a former Electronic Arts Inc. and Facebook Inc. executive to lead the effort.

Mike Verdu will join Netflix as vice president of game development, reporting to Chief Operating Officer Greg Peters, the company said on Wednesday. Verdu was previously Facebook’s vice president in charge of working with developers to bring games and other content to Oculus virtual-reality headsets.

The idea is to offer video games on Netflix’s streaming platform within the next year, according to a person familiar with the situation. The games will appear alongside current fare as a new programming genre -- similar to what Netflix did with documentaries or stand-up specials. The company doesn’t currently plan to charge extra for the content, said the person, who asked not to be identified because the deliberations are private.

Netflix shares gained as much as 2.8% to $563.45 in premarket trading Thursday. The stock had been up 1.3% this year through Wednesday’s close.

Read more: https://www.bloomberg.com/news/articles/2021-07-14/netflix-plans-to-offer-video-games-in-expansion-beyond-films-tv

[Chlorine 47,976]

This is kinda cool and revolutionary tbh. 

They better NOT raise their prices. 

[gabeoz 7,915]

Yes a former EA Mobile and Facebook Games member is definitely a sign of good things to come 

[Jill 31,812]

2 minutes ago, PussPuss said:

This is kinda cool and revolutionary tbh. 

They better NOT raise their prices. 

It says price won't increase, but idk I don't trust them  

[JusKeepBreathin 19,311]

1 minute ago, PussPuss said:

This is kinda cool and revolutionary tbh. 

They better NOT raise their prices. 

It's not really revolutionary. Plenty of services already off video games. But it's cool that Netflix is venturing into it and they aren't charging extra for it. 

[weed 79,010]

I love the concept

[Fuffy 1,049]

This is similar to Google's Stadia, which is only doing performing at a mediocre level. It's an awesome concept but getting a good game library is hard.

Netflix will have a better buy in though since it's customers are already paying. 

I wish they'd actually change this proposed plan and charge customers to use the video game content, because otherwise they have leverage to up their prices sneakily for all customers.

[Lucas 31,138]

I like the idea. But I also fear that soon we will not own anything anymore  Music, movies, games, everything is just subscription now hum

[River 127,596]

 

EA

charging everything

[Rj Barker 3,331]

Only if its quality but him being from mobile games department makes me worried. I don't wanna be served some bogus beehive bedlam. No ma'am.

[Chlorine 47,976]

6 minutes ago, Jill said:

It says price won't increase, but idk I don't trust them  

Same 

[Reginald 13,841]

3 minutes ago, Lucas said:

I like the idea. But I also fear that soon we will not own anything anymore  Music, movies, games, everything is just subscription now hum

I agree. This recent subscription-based push from companies is reminding me how much I value the old media items (cds, dvds, video games) I've held onto for like 15 years.

It's really worth it to buy physical copies of the things you love. 

[alsemanche 97,808]

It could be a cool concept (though I don't see it replacing regular video games any time soon) but... EA and FB? Sounds like a recipe for disaster 

[A MESS 3,938]

EA ew

[Zedd 6,487]

They better make The Chromatica Movie and Chromatica: The Game