Netflix Eyes Billion-Dollar Gaming Business

By: Justin Byers

Netflix has teased the idea of entering the video game market, and for good reason: It has the potential to add to its subscriber base by attracting the interest of the 2.7 billion gamers worldwide.

“We do want to expand,” said Netflix founder and co-CEO Reed Hastings. “We’ve got a lot to do in terms of different types of entertainment.”

The news came during a company earnings call on Tuesday as the streaming giant looks to add to its portfolio of entertainment offerings.