Xbox reportedly counters Netflix's $500 million IP offer
Xbox reportedly pushed Netflix's $500 million seven‑year IP offer up to $800 million, but the deal fell apart after Netflix’s content chief was let go.
24 Oct 2026 0 reads Compiled with AI
Netflix reportedly offered Xbox $500 million for a seven‑year exclusive license of its game titles. Xbox countered with $800 million, and the proposal was rejected. The deal fell through after Netflix’s content chief was let go, and Netflix declined to comment.
Microsoft has already partnered with Paramount on the Halo series, which premiered in 2022, and Netflix has produced other game‑based shows like Cyberpunk: Edgerunners. Xbox also plans to release animated series for Minecraft and Diablo, showing its broader strategy to license IP to multiple partners.