Netflix bets on video games in expansion strategy


A Netflix, in its first big onslaught outside the TV show and movie market, plans to debut in video games and has hired a former executive from Electronic Arts e Facebook to lead on initiative.

Mike Verdu joins Netflix as vice president of game development, reporting to chief operating officer Greg Peters, the company said on Wednesday. Verdu was previously vice president of Facebook, in charge of working with developers to bring games and other content to Oculus virtual reality devices.