3 Ways Netflix Can Make Gaming Work -- And 1 Way It Can't
Streaming giant Netflix (NASDAQ: NFLX) recently hired a gaming-industry veteran as part of its plan to add a video game collection to its platform. Shortly after that hire, the company's second-quarter shareholder letter revealed some detail about its strategy for this medium, but there are still questions left unanswered.
Analysts and reporters have had a field day sharing their theories on what Netflix games could look like. A senior analyst at Wedbush has already called Netflix's foray into gaming "dead on arrival" in an interview with Yahoo! Finance. More hopeful fans and investors think the company will prove the doubters wrong by innovating where other tech giants have failed in the gaming industry.
Realistically, there are only a few paths the company can take based on the information Netflix leadership has provided. Here's the likelihood of each path and what each of them would mean for the company.
Source Fool.com