Netflix Reveals Its Vision For Gaming, And Teases "Interesting Releases" Coming This Year

It's been a rocky road for Netflix's gaming output thus far, as the streaming giant was once invested in big, AAA games, but made drastic cuts and has since shifted toward mobile and party games. The company has been invested in gaming for more than five years already, and while the company said it's inspired by the results so far, there is still "tons more work to do" before Netflix really shows up in gaming in a way that it set out to do years ago.

During Netflix's latest earning briefing (via Motley Fool), co-CEO Greg Peters started off by answering the question, "Why are we doing this?" in regards to getting into gaming in the first place. As some may recall, Netflix once wanted to rent you games via a service called Qwiskter, but that did not pan out.

Netflix tried again for an obvious reason: There is money to be made. "At the highest level, we really see this as a significant market opportunity," Peters said, mentioning that there is a $150 billion gaming market--that doesn't even include China or Russia--that Netflix wants to tap into.