Xbox Reportedly Bungles $500 Million Netflix Exclusivity DealXBSeries

[Populuxe]

It is reported that XBox CEO Asha Sharma was offered a $500 million deal by Netflix executive Peter Rice for exclusive rights to Microsoft gaming IP over a seven year period. She then tried to leverage it to $800 million, at which point Netflix noped out. Now XBox is trying to salvage the situation by creating smaller deals with multiple partners.

Xbox Reportedly Bungled $500 Million Netflix Deal

According to industry insiders, newly appointed Xbox CEO Asha Sharma overplayed cross-media potential with recent Netflix exec Peter Rice to the tune of $800 million

kotaku.com

 

[EngieDiesel]

Good job, you were handed a giant piece of chocolate cake and then promptly slapped it onto the ground because you wanted ice cream and sprinkles to go with it. I'm starting to think I won't feel so bad if Microsoft lets Copilot eat Xbox now.

 

[VXR]

I wouldn't miss Xbox. PC and PS6 is the route I'm going next time, anyway. No point spending what the Helix is reported to cost when you can upgrade a PC quite nicely for that much.