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Xbox Reportedly Bungled $500 Million Netflix Exclusivity Deal To Develop Movies, Shows Based On Games - Kotaku

Reported by Zack Kotzer | October 24, 2026, 10:07 pm

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According to industry insiders, newly appointed Xbox CEO Asha Sharma overplayed cross-media potential with recent Netflix exec Peter Rice to the tune of $800 million

While the video game industry seems to be in free fall, especially at Xbox, the TV-pulled-from-video-games industry is on the rise. Especially at Xbox. Earlier this month, Microsoft announced a new d…

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