Netflix first introduced games on mobile devices in 2021 and is now broadening its game offerings to include smart TVs, smart devices, and personal computers. This move is seen by some as an effort to retain subscribers amid rising monthly streaming fees.
Netflix is currently developing a game inspired by “Squid Game”, and there are plans to explore potential game adaptations for other popular shows in their library, including “Extraction” and “Black Mirror.” Furthermore, the company is reportedly contemplating the development of a game based on the widely acclaimed “Grand Theft Auto” video game franchise.
Netflix’s crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases, as per a Reuters report.
The only profitable major streamer, Netflix has resisted joining rivals like Walt Disney in hiking ad-free prices this year and instead curbed password-sharing outside households to tap the more than 100 million viewers who use its service without subscribing.
It could hike prices after the end of the Hollywood actors strike, a media report said earlier in October.Five months after calling a strike that plunged Hollywood into turmoil, the Writers Guild of America (WGA) last week approved a new contract with major studios.Netflix, however, has weathered the strike well thanks to its larger international presence and strong content slate.
FAQs
Q1. Has Netflix extended beta trial for games to US subscribers?
A1. Netflix has extended beta trial for games to US subscribers.
Q2. Will Netflix increase prices?
A2. There are reports that Netflix might for price hike.
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