Netflix has said that Mike Verdu is the chief director handling the video gaming section as the team will be heavily relying on his verdict.
The main concern is that the market will plummet in the coming years, so Netflix does not have a strong front when it comes to endorsing video games on the platform.
The move has completely been built on the massive library of content that Netflix has shared with the directors, and they have said that the market of Netflix does not see a steady rise, and there will be a lot of problems thereafter.
What do investors have to say about the titles going to launch in Netflix gaming?
Some of the titles mentioned to be on the list do not harvest any important data on their users, and it means that Netflix will be spending a lot of money into developing them, but there will be players afterward.
While some of the platform subscribers have shared it on social media, they are excited to be a part of the project. They are looking forward to all the new addition. Some obvious shows such as ‘Stranger Things’ and ‘Wall Street’ have shared their concern and called it an ‘ill-advised foray.’
The content that is to be shared onto the platform requires a lot of effort and a lot of burning of cash, which will be a shortcoming for the platform in the recent future.
Is Netflix going to have weaker growth in the upcoming future?
According to the user data and statistics, not many users are concerned about the viewing platform and wish to spend their money on it. At the same time, Netflix has commented that they want to focus on mobile games rather than shifting their paradigm to console gaming or PC.
Mike has commented that the platform is working day and night towards a change for all the subscribers. The video gaming industry is right now blooming, and they wish to see something new and different than what they usually stream.
It will be an exciting journey for all the developers and especially for those who are invested in this idea.
The company has put all its faith in Verdu, who is most recently having to hold the vice president of the augmented reality and the virtual reality content of Facebook.
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