Business
Netflix may introduce in-app purchases, ads to games
San Francisco, Jan 6
Streaming giant Netflix is reportedly planning to generate revenue from its gaming business by adding in-app purchases and advertisements.
The company has had discussions in recent months about how to generate revenue from its games, reports The Wall Street Journal, citing people familiar with the discussions.
For two years, Netflix subscribers have been able to download tons of mobile games, all free with their subscription.
The company offers more than 75 mobile games, like Grand Theft Auto, Love Is Blind, Monument Valley and Oxenfree.
According to the report, Netflix is planning to put a price tag on premium gaming titles and placing ads on games.
Netflix was yet to comment on the report.
The company last year said it was not worried about ads and in-game payments.
“We want to have a differentiated gaming experience and part of that is giving game creators the ability to think about building games purely from the perspective of player enjoyment and not having to worry about other forms of monetization, whether it be ads or in-game payment,†Netflix co-CEO Greg Peters had said during the earnings call.
In August, Netflix rolled out its games across devices -- TVs, computers, and mobile -- and announced the first public tests of its cloud-streamed games.
19 seconds ago
Dalai Lama’s 91st birthday celebrations in US; Trump Admin official hails his legacy
1 minute ago
'Trauma of giving birth in prison like Lord Krishna or related social stigma not bearable for anyone': Court on bail for TCS staffer
18 minutes ago
PM Modi, Albanese unveil historic BBL fixture; Chennai to host season opener
4 hours ago
PM Modi meets Australian Opposition leader, highlights bipartisan support for India-Australia ties
4 hours ago
India, Australia deepen strategic partnership with new defence, energy, technology agreements
4 hours ago
Israeli warned US of Iranian plot to assassinate Trump: Report
4 hours ago
Netanyahu, Trump talk over phone, agree to maintain coordination 'on various fronts'
4 hours ago
US lawmakers seek China link in Tiananmen museum attack in California
4 hours ago
Indian-American Nirav Shah enters US Senate race
4 hours ago
Iran warns US of 'firm and decisive' military response if violations continue: Consul General (IANS interview)
4 hours ago
Jordan says intercepted eight missiles as Iran claims attacks on US Mideast command center, air base
4 hours ago
Netanyahu vows to prevent Iran from acquiring nuclear weapons, boost arms production
4 hours ago
IMF backs free trade despite tariffs
