Netflix's struggles are even more notable when contrasted with rivals Walt Disney Co. and Amazon.com Inc., whose Indian services draw millions more viewers.
DUBAI: Netflix’s move to venture into gaming made waves as the streaming giant announced earlier this year that it would make a deeper dive into video games as the movie and TV streaming service projected weak subscriber growth. In July, the company hired Mike Verdu, ex-Facebook vice president, as VP of game development reporting to Chief Operating Officer Greg Peters. Today,
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July 14 (Reuters) - Netflix Inc said on Wednesday
it has hired a former Facebook executive to lead its video games
unit as the company ramps up its efforts to grow beyond its
traditional streaming business.
The streaming giant hired Mike Verdu, who was most recently
a Facebook vice president, as VP of game development and he will
report to Chief Operating Officer Greg Peters.
Verdu founded his own defense software company at age 20 and
sold it before shifting his team into video games in 1990.
He has been there ever since, working at Atari, Electronic
Arts, Kabam and other developers and overseeing games
Netflix hires former Facebook exec as gaming VP to focus beyond films, shows
FILE PHOTO: A smartphone with the Netflix logo is seen on a keyboard in front of displayed Streaming service words in this illustration taken March 24, 2020. REUTERS/Dado Ruvic/File Photo
July 15, 2021
(Reuters) – Netflix Inc said on Wednesday it has hired a former Facebook executive to lead its video games unit as the company ramps up its efforts to grow beyond its traditional streaming business.
The streaming giant hired Mike Verdu, who was most recently a Facebook vice president, as VP of game development and he will report to Chief Operating Officer Greg Peters.