Netflix Reportedly Offered $500 Million for Exclusive Film and TV Rights for Xbox IP Before Deal Fell Through
Reported by Gadgets 360, not nibnow. We are not the publisher of this story, only the source is.
The failed $500‑million licensing deal could have brought exclusive Xbox‑based film and TV content to Netflix, shaping the streaming service's gaming‑related offerings and affecting fans of both brands.
Netflix reportedly offered $500 million to Microsoft for an exclusive film and TV license for Xbox IP for seven years. However, talks between the two companies collapsed after a leadership change at the streamer. Xbox CEO Asha Sharma reportedly countered with $800 million, but by then Netflix CCO Bela Bajaria had been fired.
Xbox is Microsoft’s gaming platform, and its intellectual property includes game franchises and characters that can be adapted into movies or series; Netflix often secures exclusive licensing deals to create original content based on popular media properties.
- •Monitor announcements of new leadership at Netflix that may revive or reshape licensing negotiations
- •Watch for any alternative partnerships Microsoft might pursue for Xbox content
- •Follow industry reports on how the collapse of this deal influences the broader market for gaming‑related streaming content