Netflix Says By Year's End, We'll Have 86 Games Available; Have Nearly 90 More Games In Development
Portfolio Pulse from Benzinga Newsdesk
Netflix announced that by the end of the year, it will offer 86 games, with nearly 90 more in development. The company launched 40 games, including Grand Theft Auto Trilogy - The Definitive Edition, and debuted two internally developed games. Netflix is testing games on TV and computers in select countries and has updated its games row for personalized recommendations. Upcoming games for 2024 include Cozy Grove: Camp Spirit, FashionVerse, Game Dev Tycoon, and Sonic Mania Plus. Other titles like Braid, Anniversary Edition, and a game set in the Squid Game universe are also on the way.
December 13, 2023 | 4:14 pm
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POSITIVE IMPACT
Netflix's expansion into gaming with 86 titles by year-end and more in development could attract new subscribers and increase engagement, potentially impacting NFLX stock positively.
Netflix's announcement of expanding its gaming offerings is a strategic move to diversify its content and add value to its subscription model. This could lead to increased user engagement and retention, which are positive indicators for investors. The focus on gaming could also open up new revenue streams and partnerships, further supporting the stock's potential growth in the short term.
CONFIDENCE 80
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RELEVANCE 100