According to recent reports, Netflix is in talks with publisher Take-Two Interactive to bring the popular Grand Theft Auto (GTA) franchise to its streaming platform. This move could potentially strengthen Netflix’s presence in the gaming industry.
According to the Wall Street Journal, Netflix is in talks with Take-Two Interactive, the publisher of the Grand Theft Auto franchise, to bring the popular game series to its streaming platform. This move could further solidify Netflix’s position in the gaming industry, where it already owns several successful titles such as Minecraft and Call of Duty, both of which belong to Microsoft.
Competition between PlayStation and Xbox
Since November 2021, Netflix has been offering downloadable games on its streaming service, similar to the Xbox Game Pass. These games are included in the subscription and can be played on smartphones or tablets, allowing users to discover hidden gems like Terra Nil on iPad.
According to the Wall Street Journal, Netflix aims to offer more ambitious games directly streamed on TV and PC, in addition to the downloadable games available on mobile devices. This new approach would allow the streaming giant to take on PlayStation and Xbox more directly.
According to the article, Netflix is interested in acquiring the rights to the Grand Theft Auto (GTA) franchise from Take-Two Interactive. The two companies may be discussing a deal that would allow Netflix to offer GTA as a streaming game, while Take-Two would continue to develop and publish the game itself.
Netflix has been expanding its catalog of games, and this acquisition would be a significant addition to its library. The company has reportedly spent $1 billion on its gaming efforts so far, according to the Wall Street Journal, and is looking to develop AAA games with high production values. However, as the article notes, entering the gaming market without a strong background in the industry can be challenging, as seen with Amazon and Google’s attempts to do so in recent years.
It’s worth noting that the article does not confirm whether a deal between Netflix and Take-Two has been finalized, nor what the terms of such a deal might be. It simply suggests that the two companies have been in talks regarding the possibility of integrating GTA into Netflix’s streaming service.