Netflix Reportedly Offered $500 Million for Exclusive Film and TV Rights for Xbox IP Before Deal Fell Through

Gadgets360 - Oct 26, 2026

Netflix reportedly offered $500 million to Microsoft for an exclusive film and TV license for Xbox IP for seven years. However, talks between the two companies collapsed after a leadership change at the streamer. Xbox CEO Asha Sharma reportedly countered with $800 million, but by then Netflix CCO Bela Bajaria had been fired.

Read full article

More News

24-7 Reporters

24-7 Reporters publishes up-to-the-minute news 24 hours a day, 7 days a week. Our certified reporters are among the most experienced, well-trained and talented across the globe, covering issues resonating progressives in every corner of the world.

Sign Up