Netflix Expands Gaming Push with Cloud-Based Party and Co-Op Games
The streaming giant plans to introduce interactive multiplayer games as part of its growing gaming portfolio, aiming to boost subscriber engagement.
- Netflix announced plans to add cloud-streamed party and couch co-op games, described as a modern take on family board game nights and TV game shows.
- The company has been testing its game streaming technology since 2023 and will continue investing in this area to expand its gaming offerings.
- Netflix's gaming strategy includes mainstream titles like Grand Theft Auto and games based on its original IP, with 'Squid Game: Unleashed' becoming a major success globally.
- The company views gaming as a new content category to attract and retain subscribers, though its gaming budget remains smaller compared to its film and TV investments.
- Future plans include ad-free, in-app purchase-free games for kids, as Netflix aims to position itself as a significant player in the $140 billion gaming industry.