Netflix Is Planning a Bigger Move Into Video Games

Netflix (NASDAQ: NFLX) appears to be confirming rumors that have swirled about the streaming giant's further foray into video games. The company is working to hire an executive to take the lead on its expansion into gaming, according to a report that first appeared in The Information. 

The company has been quietly reaching out to veteran executives in the gaming industry about joining its ranks. One possible strategy would involve putting together a bundle of games, similar to a tactic employed by Apple with its Apple Arcade online gaming subscription.

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Source Fool.com