Netflix wants to buy other development studios

The streaming platform says it is ready to invest, but this will be done on a case-by-case basis.

In recent years, Netflix has tried small forays into the world of video games. After productions like Stranger Things 3: The GameAnd oscillate (up) where Do you have any other information about this event? and buy back night school studio (Oxenfree) In September, the streaming giant confirmed that it will continue to offer gaming experiences in the future. However, this will not be done by following the aggressive acquisition policy of a studio like Microsoft or Sony.

Gregory Peters, Netflix chief operating officer, detailed Netflix’s video game policy when presenting its fourth-quarter financial results: It’s something that would be opportunistic. So I would say we shouldn’t be expected to go on a shopping spree or anything like that. This will be one of the tools we will use, and we will use it opportunistically when we find a good opportunity.»-

Willmott Reed Hastings, Co-CEO of Netflix, added:You can see from our track record that we are quite selective when it comes to mergers and acquisitions. But as Greg said, when an opportunity arises and we feel in sync with the work, I think it’s an opportunity we’ll take. But again nothing more than that . »

Gregory Peters also welcomed the recent acquisition ofNight school studio:«We are really excited about what the team stands for, as their goal is to keep the narrative and story mechanics at the heart of the game. It’s great to be on board and listen to their thoughts. I anticipate a very rich partnership over the next few years.»

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So the recipe for Netflix seems simple: a few acquisitions, but they are targeted. A strategy that could evolve over the years if Netflix could make enough money from this branch. But for now, we’ll have to be content with one-off productions from Netflix.

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