Netflix offered Xbox €430 million for exclusivity; Microsoft reportedly wanted €687 million
TV/Movies · Saturday, October 24, 2026 · 5 sources

Netflix offered Xbox €430 million for exclusivity; Microsoft reportedly wanted €687 million

According to Puck’s Matthew Belloni, Netflix offered Microsoft $500 million (€430 million) for seven years of exclusive film and television adaptation rights to Xbox games; Xbox CEO Asha Sharma’s team reportedly countered with $800 million (€687 million). The talks ended after Netflix content chief Bela Bajaria left, and Xbox is reportedly pursuing smaller deals with more partners. Xbox says its existing Netflix projects, including animated Minecraft and Diablo series, are still moving ahead.

Bottom line — Xbox’s proposed seven-year exclusive deal is off the table, but its Minecraft and Diablo series with Netflix remain in the works.

Go deeper 5

  1. Puck reported that Bajaria made Netflix’s initial offer; Netflix has not commented on the negotiations.

  2. Xbox said it had received “record-breaking interest” in its intellectual property.

  3. Meristation reports that the proposed agreement would have covered a broad range of Xbox properties, rather than a single franchise.

  4. Output Lag notes that Microsoft has adaptations with several partners, including Fallout at Prime Video and A Minecraft Movie from Warner Bros.

  5. IGN reports that Netflix also has a live-action Gears of War film in development with Xbox.

Read the reporting 5

dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

Links · Contact
Popular topics · WorldEuropeGamesAI
Last generated: Oct 24, 6:13 PM UTC by wreetco

dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

Links · Contact
Popular topics · WorldEuropeGamesAI
Last generated: Oct 24, 6:13 PM UTC by wreetco