Is Netflix Wasting Hundreds of Millions on Games?

Adam Levy, The Motley Fool

August 16, 2022 at 10:07 a.m.·3 min read

If Netflix (NASDAQ: NFLX) invested $200 million in a TV series or film and less than 10% of its global subscriber base decided to check it out, management might consider that a disappointment. Well, Netflix is investing heavily in games without much to show for it so far. Its 24 titles have garnered 23.3 million total downloads since last November, and about 1.7 million Netflix subscribers play one of its games on any given day, according to data from Apptopia.

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