In a letter to shareholders, Netflix has confirmed its plan to enter the gaming space. The company says that it will initially focus on mobile games and offer them to subscribers at no extra cost.
We reported a few days ago that Netflix may be entering the video game space after signing on ex-EA and Facebook executive Mike Verdu as the VP of game development. Today, the company has confirmed those rumors and revealed some more details. In a letter to its shareholders, Netflix revealed the nitty gritty details of its financial margins, quarterly revenues, and viewing figures for its popular TV shows and movies. If you are interested in those details, feel free to peruse the 12-page document here.
