“We haven’t built that into our deal model”.
Hm, we’re sure that we won’t be looking back on this quote with a suspicious eye down the line. Following Netflix’s $82.7 billion acquisition agreement with Warner Bros. Discovery (later challenged by a separate offer from Paramount), Netflix co-CEO, president and director Gregory Peters has said WB Games didn’t really factor into the company’s decision (thanks for the heads up, Pocket Gamer).
That’s according to a recent earnings call, where Peters and Theodore Sarandos — the other co-CEO — were asked if Warner Bros. assets would “enhance or accelerate” success in Netflix’s gaming plans. “While they definitely have been doing some great work in the game space,” Peters responded, “we actually didn’t attribute any value to that from the get-go because they’re relatively minor compared to the grand scheme of things”.
Read the full article on nintendolife.com
Interesting perspective on the acquisition deal! It’s always fascinating to see how companies value different assets in negotiations. This could lead to some intriguing developments in the gaming space. Thanks for sharing!
their assets differently. It’s worth noting that Netflix may be focusing more on content and streaming technology than on gaming at this stage, which could explain their lack of valuation for Warner Bros. Games. This could shift if they decide to enhance their gaming offerings in the future!