Netflix's Next Move Will Be a Real Game Changer
After an embarrassing and short-lived belly flop into the video game market nearly a decade ago, Netflix (NASDAQ: NFLX) is apparently ready to play again. Bloomberg is reporting that Netflix plans to add playable video games to its platform within a year. The plan (for now at least) is to not charge more for the new offering.
Netflix isn't messing around. Mike Verdu -- who has made the rounds as a video game executive at Zynga and Electronic Arts before heading up Facebook's segment watching over developers for the Oculus virtual-reality headsets -- is coming over to Netflix to lead the new initiative. It's a big step for the world's leading premium video service, but it's one that could play out nicely even if the new business proves to be merely a niche hit with a small chunk of the Netflix audience.
Image source: Getty Images.
Source Fool.com
