Netflix reportedly offered $500m to Microsoft to license Xbox IP for seven years
Netflix reportedly offered Microsoft $500 million over seven years for the rights to adapt Xbox intellectual property for film and television. Xbox executives, including Asha Sharma, allegedly declined the offer and counter-proposed $800 million. The deal appears to have been withdrawn following the departure of Netflix's former chief content officer, Bela Bajaria.
- Entities
- Game: Minecraft
- Person: Peter Rice
- Company: Microsoft
- Person: Kayleen Walters
- Topic: Business Negotiations
- Company: Netflix
- Company: Mojang
- Company: Xbox
- Topic: Film and Television Adaptation
- Game: Diablo
- Person: Bela Bajaria
- Person: Asha Sharma
- Topic: Intellectual Property
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