Film and Television Adaptation
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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 The deal appears to have been withdrawn following the departure of Netflix's former chief content officer, Bela Bajaria.
Xbox aim to wring more cash out of the games they've not cast into oblivion by launching new licensing arm and handing Minecraft to ex-Meta monetisation lead
Xbox is launching a new licensing division, Xbox Products (XP), to generate more revenue from its major game franchises through film, TV, merchandise, and events. This initiative comes as Xbox undergoes significant layoffs, with a total of 3200 employees being let go. Mojang, the developer of Minecraft, has appointed Maria Angelidou-Smith, formerly of Meta, as its new CEO, bringing extensive experience in product and monetization but no direct gaming industry background.
Xbox forms Xbox Pictures to "reach fans beyond gameplay through film and television adaptations" but will…
Xbox has announced the formation of Xbox Pictures, a new division focused on adapting its game franchises into film and television. Led by Kayleen Walters, this initiative is part of a broader strategy to expand Xbox's reach beyond gaming into areas like licensing, partnerships, and location-based experiences.
ARC Raiders and THE FINALS Will Receive Film and TV Adaptations
Chernin Entertainment will adapt the extraction shooter ARC Raiders for film and TV projects, working with Embark Studios on adaptations for both ARC Raiders and their other multiplayer title, THE FINALS. The studio is excited about the potential for these adaptations to capture the unique vibes of their respective games.
Kiki Wolfkill, former Halo veteran and film and TV head at Xbox, exits Microsoft after 28 years
Kiki Wolfkill, head of film and TV at Xbox and a 28-year veteran of Microsoft, has departed the company. Wolfkill was instrumental in transmedia projects like the Halo TV show, the Fallout series for Amazon, and upcoming adaptations for Minecraft and Gears of War. Her exit follows a broader transition within Xbox's leadership.
Payday Movie And TV Show Deal Announced, Again
Starbreeze has announced a new partnership with Vice Studios to adapt the Payday game series into film and television. This deal aims to expand Payday into a broader entertainment platform, leveraging the franchise's existing mythology. Starbreeze retains full ownership of the Payday intellectual property.
