Here is what the page “Xbox Demanded $800 Million From Netflix for Movie and TV Rights, Report Says” contains. Netflix wanted exclusive rights to Xbox's game franchises for film and TV, but Microsoft's asking price reportedly killed the deal. According to Puck News journalist Matthew Belloni, Netflix offered $500 million for seven years of exclusive licensing, but Xbox CEO Asha Sharma and her business affairs team countered with $800 million. Xbox says it received 'record-breaking interest' in its IP and still values Netflix as a partner on upcoming projects.
The breakdown hasn't slowed Xbox's multimedia push: it's pursuing smaller deals with multiple partners, including a Diablo animated series at Netflix, Fallout Season 2 at Prime Video, a Call of Duty movie at Paramount, and a sequel to A Minecraft Movie at Warner Bros. Xbox also launched Xbox XP, a new division for movies, TV, merchandise, theme parks, and live events, led by Lucasfilm veteran Kayleen Walters. This listing links straight to the original page, where the content is available in full.