co-founder and co-chief executive officer Reed Hastings said Thursday that building out video gaming to where Netflix can "amaze our members by having the absolute best in the category" is his goal.. "When mobile gaming is world leading, and we're some of the best producers, like where we are in film today, having two of the top ten, then you should ask what's next. Let's nail the thing and not just be in it for the sake of being in it.
That's a tall task for Netflix, which is building its gaming unit from scratch. Netflix chief operating officer Greg Peters said Thursday the company plans to license "large game" intellectual property that "people will recognize" later this year. Hastings added Netflix will use its "walk, crawl, run" strategy around gaming, where it purposefully grows the business gradually to learn about user habits and use resources efficiently.
Netflix, of course, has used this general strategy before — in streaming video. The company licensed well-known movies and TV shows to build out its user base as a cable TV supplement before slowly wading into original content. After years of experimenting on a show-by-show or film-by-film basis, Netflix felt its recommendation algorithm and user data could accurately predict new popular original content.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix, United Airlines, KeyCorp, Ford: What to Watch When the Market Opens TodayNetflix will be among the first tech giants of the season to report results after the close.
Source: WSJ - 🏆 98. / 63 Read more »
Budd Dwyer’s suicide becomes media dilemma: To show or not to show photos, video?The thorny ethical dilemma of covering Budd Dwyer’s suicide is still teaching lessons and causing pain 35 years later. Hey man, nice shot.
Source: PennLive - 🏆 463. / 53 Read more »
Bills targeting Apple and Google face biggest test yetA Senate bill that squarely aims at reining in the power of vast digital platforms from Apple and Google parent Alphabet will be debated by the Senate Judiciary Committee on Thursday. A second bill, likely to be considered next week, has similar goals.
Source: MarketWatch - 🏆 3. / 97 Read more »
Microsoft to Buy Activision Blizzard in Metaverse Push | CoinMarketCapMicrosoft has announced that it is buying one of the world's biggest game developers for a whopping $68.7 billion — in a move that's set to 'provide building blocks for the metaverse' 🚀 All of us need to get extra information about everything. Let's get familiar with NFTBOOKS to do it as soon as possible with the lowest price. nftbstoken NFTBOOKS WeAreRealBookers BookSwarmArmy $NFTBS Stake min 15k BSCS to have chance join all IDOs and earn stake profit, let's to the moon, invest BSCS to your future 🚀. The price of BSCS is good now, join right now to not miss next IDOs BabyDoge 🔥🔥🔥
Source: CoinMarketCap - 🏆 290. / 63 Read more »
A guide to Microsoft’s Xbox game studios empireMicrosoft would own 32 game studios — here’s the list. candy crush pog ea Looks like it just bought a load of 'has-been' game titles to me.
Source: verge - 🏆 94. / 67 Read more »
China Is Still ‘Three Or Four Generations' Away From Developing Latest Semiconductor Tech, IDC SaysChina’s tech giants Alibaba, Tencent, Baidu and Meituan have all started investing heavily into chip development. How about developing a cultural diet that don't include pagolins, bats or dogs--ANYTHING--that causes coronavirus on those nasty wet markets?
Source: nbcchicago - 🏆 545. / 51 Read more »