Netflix reportedly pulled $500M offer for Xbox game adaptation rights
The Verge’s Jay Peters reports that Netflix offered Microsoft $500 million to license Xbox games for film and TV adaptations, citing Puck. Xbox countered at $800 million, and Netflix has since withdrawn its offer entirely, per the report.
Why it matters. Xbox’s higher asking price shows game publishers now see their IP as leverage against streamers hungry for adaptation content, not just licensing fodder.
Signal from theverge.com · Jay Peters · read the original.
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