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Netflix looking to hire executive for gaming expansion - The Information

The Information reportedly said Netflix has approached veteran game industry executives in recent weeks

Photo: REUTERS/Lucy Nicholson/File Photo
  • The company has approached veteran game industry executives in recent weeks, the report said;
  • Netflix’s subscriber growth slowed.

Netflix is looking to hire an executive to oversee its expansion into videogames, The Information reported on Friday, citing people familiar with the matter.

The company has approached veteran game industry executives in recent weeks, the report said.

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The move comes at a time when the video-streaming pioneer is stepping up efforts to grow beyond its traditional business as competition heats up and subscriber growth slows.

The gaming industry has been a big pandemic winner thanks to a surge in demand from customers staying at home during the crisis.

Netflix has experimented with interactive programming in the past with movies such as “Black Mirror: Bandersnatch” and “You vs. Wild” that enabled viewers to decide the characters’ moves. It has also created games based on shows “Stranger Things” and “La casa de Papel (Money Heist)”.

The report said Netflix had discussed offering a bundle of games similar to Apple‘s online subscription offering, Apple Arcade, as an option.

READ ALSO: The rocket of games: Ubisoft saw revenue jump 70% in Latin America with the pandemic

While the details of the company’s games strategy are still very much in flux, it has decided that the games will not feature advertising, the report added.

Netflix did not immediately respond to a Reuters request for comment.

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