Netflix entering gaming will be 'dead on arrival:' Analyst

21
5
Favorite

Netflix entering gaming will be 'dead on arrival:' Analyst

Yahoo Finance2021-07-16

Netflix (NFLX) recently announced it's moving into the gaming sector with the hire of 30-year gaming industry veteran, former EA (EA) and Oculus executive Mike Verdu. However, some experts believe ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（5）

Tan2heng
·2021-07-16
Ok
Reply
1
Report
Fold Replies
- Jsgoh28:
  Like
  2021-07-16
  Reply
  Report
Jetblackeyes
·2021-07-16
Pls like and comment @yvneyng
Reply
4
Report
Fold Replies
- Jo5tarz:
  [强]
  2021-07-26
  Reply
  Report
- Jetblackeyes:
  Yay nice
  2021-07-16
  Reply
  Report
- yvneyng:
  Done
  2021-07-16
  Reply
  Report
View more 1 comments
CLSL
·2021-07-16
Wow hmmm
Reply
1
Report
Miracle99
·2021-07-16
Hmm…interesting
Reply
2
Report
Fold Replies
- kuppi:
  yes
  2021-07-16
  Reply
  Report
AndyChai
·2021-07-16
Awesome
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2151573815?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-16 05:57","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2151573815","market":"us","top_or_hot":-1,"title":"Netflix entering gaming will be 'dead on arrival:' Analyst","media":"Yahoo Finance","content":"<div>\n<p>Netflix (NFLX) recently announced it's moving into the gaming sector with the hire of 30-year gaming industry veteran, former EA (EA) and Oculus executive Mike Verdu. However, some experts believe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-gaming-will-be-dead-on-arrival-analyst-185722012.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix entering gaming will be 'dead on arrival:' Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix entering gaming will be 'dead on arrival:' Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 05:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-gaming-will-be-dead-on-arrival-analyst-185722012.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix (NFLX) recently announced it's moving into the gaming sector with the hire of 30-year gaming industry veteran, former EA (EA) and Oculus executive Mike Verdu. However, some experts believe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-gaming-will-be-dead-on-arrival-analyst-185722012.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NFLX","symbol_name":"奈飞","start_time":0,"source_url":"https://finance.yahoo.com/news/netflix-gaming-will-be-dead-on-arrival-analyst-185722012.html","article_id":"2151573815","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2151573815","pubTimestamp":1626386242,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Netflix (NFLX) recently announced it's moving into the gaming sector with the hire of 30-year gaming","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NFLX":"奈飞","EA":"艺电","MSFT":"微软","QNETCN":"纳斯达克中美互联网老虎指数","DIS":"迪士尼"},"translate_title":"分析师称，Netflix,Inc.进入游戏行业将“一到就死”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DIS":0.9,"EA":0.9,"FB":0.9,"MSFT":0.9,"NFLX":0.9,"QNETCN":0.9},"content_text":"Netflix (NFLX) recently announced it's moving into the gaming sector with the hire of 30-year gaming industry veteran, former EA (EA) and Oculus executive Mike Verdu. However, some experts believe that the move into the cutthroat gaming industry won't pan out for the content platform.\n“This thing is dead on arrival. It will not work,” Michael Pachter, senior analyst at Wedbush, told Yahoo Finance Live. “Have me back and we'll talk about Mike Verdu’s departure and the exit of Netflix in the gaming business.”\nPachter joined Yahoo Finance Live to discuss Netflix’s content strategy in light of this announcement as well as what it means for the broader gaming industry. The push into gaming serves as another indicator that the company may be looking to broaden its avenues for revenue. The news comes after Netflix’s announcement just last week that it hired N'Jeri Eaton, former head of content for Apple Podcasts, to head its own podcast operations.\nIn any case, Pachter said that Netflix’s decision to hire Verdu specifically for the role in leading its gaming startup initiative may not have been the best choice.\n“He keeps changing jobs. He is a good game maker, but his last good game was [in] 2001 or so, so I'm really surprised they picked him,” Pachter said. “He's just not the right guy to head up a startup initiative at Netflix. Disney (DIS) has failed at it three times. None of the major companies other than Warner Bros. have had successful games.”\nGaten Matarazzo, Caleb McLaughlin, Millie Bobby Brown, Sadie Sink, Finn Wolfhard and Noah Schnapp arrive at the season three premiere of \"Stranger Things\" at Santa Monica High School on Friday, June 28, 2019, in Santa Monica, Calif. (Photo by Jordan Strauss/Invision/AP)Jordan Strauss/Invision/AP\nImplications for the gaming industry\nAlthough the details surrounding what gaming through Netflix will look like have yet to be released, Pachter is skeptical of Netflix’s ability to break into the market and deliver a cohesive product. According to him, there may be a scenario in which Netflix offers a separate remote for purchase in order to play games through the platform, which will make for an incremental purchase for consumers.\n“I really find it odd that Netflix thinks this is going to work,” he added. “What's particularly confusing to me — what are they going to offer? Streaming on your TV? Please tell me how you're going to control the game because your remote control is very limited. You're not going to be able to aim or shoot or anything like that.”\nPachter believes that because the Netflix initiative will be “such an abstract failure,” it will not pose any threat to established competitors in the gaming space. He pointed to Microsoft (MSFT) with Xbox’s Game Pass as being one of only a few successful subscription-based game services currently on the market, and compared Netflix’s overconfidence to that of Facebook's (FB) when it acquired Oculus.\nAs for what he thinks Netflix may be trying to accomplish in the long term with the push to offer podcasts and video games, Pachter said that it is to become a “comprehensive entertainment solution.” However, he feels that the podcast route makes far more sense for Netflix than dipping their toes into the uncertainty of the video game space.\n“[Netflix subscribers] don't need Netflix to facilitate their exposure to games, so the only value Netflix has is if they [leverage] their own IP [such as] ‘Stranger Things’ or ‘Bridgerton,” Pachter said. “I don't think ‘Bridgerton’ can be a game. It will be hot, but it won't be fun.”","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":170062876,"gmtCreate":1626396159995,"gmtModify":1703759258932,"author":{"id":"3551435445722343","authorId":"3551435445722343","name":"Tan2heng","avatar":"https://static.tigerbbs.com/359219b37b28004db5e3a2c54a6a1036","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3551435445722343","authorIdStr":"3551435445722343"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170062876","repostId":2151573815,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5234539,"gmtCreate":1626396489801,"gmtModify":1663231040326,"authorId":3575601609818315,"author":{"id":3575601609818315,"idStr":"3575601609818315","authorId":3575601609818315,"name":"Jsgoh28","avatar":"https://static.tigerbbs.com/90196128a465db6b3437dd55043048f8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170062876,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"EN"},{"id":170008177,"gmtCreate":1626394060399,"gmtModify":1703759188108,"author":{"id":"3584322535335724","authorId":"3584322535335724","name":"Jetblackeyes","avatar":"https://static.tigerbbs.com/227c87d3e8eaa258f98f85885dd9173d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584322535335724","authorIdStr":"3584322535335724"},"htmlText":"Pls like and comment <a href=\"https://laohu8.com/U/3585192718156791\">@yvneyng</a>","listText":"Pls like and comment <a href=\"https://laohu8.com/U/3585192718156791\">@yvneyng</a>","text":"Pls like and comment @yvneyng","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/170008177","repostId":2151573815,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5328542,"gmtCreate":1627262385194,"gmtModify":1663231482139,"authorId":3566111551860327,"author":{"id":3566111551860327,"idStr":"3566111551860327","authorId":3566111551860327,"name":"Jo5tarz","avatar":"https://static.tigerbbs.com/8cdaa131f223c2f17b3669bce62cc05e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"93.60%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170008177,"type":1,"supId":0,"prevId":0,"content":"[强]","text":"[强]","html":"[强]"},{"id":5237753,"gmtCreate":1626420659244,"gmtModify":1663231054525,"authorId":3584322535335724,"author":{"id":3584322535335724,"idStr":"3584322535335724","authorId":3584322535335724,"name":"Jetblackeyes","avatar":"https://static.tigerbbs.com/227c87d3e8eaa258f98f85885dd9173d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170008177,"type":1,"supId":0,"prevId":0,"content":"Yay nice","text":"Yay nice","html":"Yay nice"},{"id":5236045,"gmtCreate":1626404604635,"gmtModify":1663231045442,"authorId":3585192718156791,"author":{"id":3585192718156791,"idStr":"3585192718156791","authorId":3585192718156791,"name":"yvneyng","avatar":"https://static.tigerbbs.com/76e9d3dda84e38df5f92fb2edf5f1be0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170008177,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":5235576,"gmtCreate":1626401566781,"gmtModify":1663231042326,"authorId":3558569595001242,"author":{"id":3558569595001242,"idStr":"3558569595001242","authorId":3558569595001242,"name":"Wandakdash","avatar":"https://static.tigerbbs.com/211ec3a66712c46a80ca45e20dbbd8a4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170008177,"type":1,"supId":0,"prevId":0,"content":"Naise","text":"Naise","html":"Naise"}],"langContent":"EN"},{"id":147759799,"gmtCreate":1626392694911,"gmtModify":1703759140727,"author":{"id":"4089287903529910","authorId":"4089287903529910","name":"CLSL","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4089287903529910","authorIdStr":"4089287903529910"},"htmlText":"Wow hmmm","listText":"Wow hmmm","text":"Wow hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147759799","repostId":2151573815,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147723900,"gmtCreate":1626392385600,"gmtModify":1703759125636,"author":{"id":"3581573678394869","authorId":"3581573678394869","name":"Miracle99","avatar":"https://static.tigerbbs.com/1cfacd38670cd13d8111d4ffe2d88a3f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581573678394869","authorIdStr":"3581573678394869"},"htmlText":"Hmm…interesting&nbsp;","listText":"Hmm…interesting&nbsp;","text":"Hmm…interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147723900","repostId":2151573815,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5234092,"gmtCreate":1626394581457,"gmtModify":1663231038337,"authorId":3575011341539105,"author":{"id":3575011341539105,"idStr":"3575011341539105","authorId":3575011341539105,"name":"kuppi","avatar":"https://static.tigerbbs.com/1a1c96e4fc6f6f67de0450751c853214","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147723900,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"}],"langContent":"EN"},{"id":147712131,"gmtCreate":1626391334623,"gmtModify":1703759090393,"author":{"id":"4089165323477880","authorId":"4089165323477880","name":"AndyChai","avatar":"https://static.tigerbbs.com/ad29465bea6ca4af4cbda6b96654b7ee","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089165323477880","authorIdStr":"4089165323477880"},"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147712131","repostId":2151573815,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":21,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}