entertainment1 hour ago
Netflix and Xbox Talks Collapse Over $300M Gap in Game Adaptation Licensing
Netflix withdrew a $500 million offer to exclusively license Xbox games for film and TV adaptations after Microsoft countered with a demand for $800 million. The failed deal, reported by Puck News, coincides with Netflix’s recent leadership shakeup and Xbox’s pivot toward smaller, multi-partner licensing agreements. Despite the breakdown, both companies confirmed they are continuing existing projects, including animated series based on 'Diablo' and 'Minecraft.'