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2 clusters · 23 sources · 3 days · First seen · Last updated

Microsoft and Netflix Xbox IP negotiation failure

Overview

Negotiations between Microsoft and Netflix for an exclusive seven-year deal to adapt Xbox video game franchises into films and television series have collapsed. Reports indicate a $300 million valuation gap, with Netflix offering approximately $500 million and Microsoft countering with a demand for $800 million.

The breakdown of discussions may have been influenced by leadership changes at Netflix, including the departure of Chief Content Officer Bela Bajaria. The proposed deal was intended to focus on audiovisual licensing rather than the sale of game titles or changes to Xbox Game Pass.

Despite the failure of the comprehensive exclusivity deal, the two companies continue to collaborate on specific projects, such as upcoming animated series for ‘Minecraft’ and ‘Diablo’, as well as a ‘Gears of War’ adaptation. Microsoft is reportedly shifting its strategy toward pursuing smaller, non-exclusive licensing deals with various media partners to expand its transmedia presence.

Entities

Asha Sharma · Xbox · Microsoft · Netflix · Bela Bajaria

Timeline

  1. [BUSINESS] 2 sources
    Microsoft and Netflix negotiations fail over Xbox adaptation rights

    Microsoft and Netflix failed to reach a deal for exclusive Xbox film and TV adaptations after Microsoft requested $800 million against Netflix's $500 million offer.

  2. [BUSINESS] 21 sources
    Microsoft and Netflix negotiations fail over Xbox IP deal

    A reported $500 million deal between Netflix and Microsoft for exclusive Xbox film and TV rights collapsed after Microsoft requested $800 million, leading Xbox to pursue multiple smaller partnerships.

Sources

android237.com · austriagaming.at · begeek.fr · cenariomt.com.br · cityfm.hk · eurogamer.de · everyeye.it · filmtotaal.nl · gamer.no · gametimers.it · gamewave.fr · gizmologi.id · in.ign.com · ithome.com · kitguru.net · lebensmittelzeitung.net · multiplayer.it · notizie.it · outerspace.com.br · que.es · tbreak.com · thatparkplace.com · thegeek.games