Other tech companies have tried to enter this category in some way, either with online streaming or a platform for playing games directly without a console, but Netflix, with its huge customer base, You will rise to the top by leaps and bounds.
Netflix Gaming is slated to launch as early as next year, and the Netflix video game streaming service will be available at no additional charge. So you can have both Netflix Gaming and streaming services with the same subscription. The streaming giant is poised to enter the highly anticipated gaming segment.
Highlights
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If Netflix can play the cards right, it could become a major player in the online gaming segment.
Netflix Gaming will therefore be a subscription-based video game service that offers a premium experience for its streaming category. -
The Netflix video game streaming service will fully launch early next year. Netflix games will appear right next to TV shows and movies, and the catalog will already be available to Netflix subscribers. Netflix’s games are free, and the company does not plan to charge customers for video games, according to reports.
But then again, consoles offer a very different experience, and the online gaming platform has so far failed badly: Stadia. Netflix Gaming’s subscription-based service is similar to Apple Arcade. The global gambling market is growing rapidly and is currently worth around $300 billion.
Google tried his Stadia, but so far it hasn’t worked. Netflix Gaming helps developers enable users to play games in high definition directly on their devices without a game console or additional accessories. This hits the expensive Nintendo and Play Station directly.
By putting an already popular category under its nest, Netflix now has a highly profitable segment to explore and a huge revenue stream. This is nothing new for Netflix, as the streaming giant has been interested in video games for some time.
Netflix has developed an interactive title that offers movies in video game format. This title allows the user to select a movie and what they would like to see next. An interactive format was used in the Black Mirror BanderSnatch where viewers had the opportunity to make choices.
Netflix also launched You vs. Wild in a similar interactive entertainment format. Netflix’s popular titles Stranger Things and Casa de Papel have been adapted into video games. Netflix Gaming’s release date is set for early 2022 with several updates coming soon. The company has yet to confirm development, but if Netflix makes headway in the gaming space, it will directly acquire Apple Arcade and Google Stadia. Amazon will likely come up with a similar platform with Amazon Game Studios. Meanwhile, the established players Sony, Nintendo, and Microsoft will continue to see strong growth as they optimize their online subscription-based services.