In the midst of the losses, Netflix is targeting a total of 50 games to be available on its streaming service by the end of 2022. At this time, at least 18 game titles are available that can be played.
If they reach the target, all the games will be available exclusively to enjoy through the app. That means, Netflix should add more than 30 games in the next eight months, quoted us from the Washington Post, Thursday (28/4/2022).
This ambition may be achievable, considering that since the first five games were added in November last year, the number has rapidly grown to 18 titles in a fairly short period of time. Then from a series of new visual entertainment later, one of the popular ones brought a card game titled, Exploding Kittens.
Meanwhile, several other existing titles that have visited Netflix, such as Stranger Things 3: The Game and Stranger Things: 1984. It is known that this streaming service is indeed actively presenting content through a film to become a game, such as Stranger Things and vice versa, namely Arcane from League of legends.
The information emerged along with the plunge in Netflix shares by up to 35%. This has caused their market capitalization to decrease to USD 50 billion . Maybe a new line of games can help them attract users back.
They have lost 200,000 paying subscribers in the first quarter of 2022. This is a pretty bleak moment for them, because for the first time in the last decade there has been a decline in users.
In fact, it is estimated that this decline in subscribers will continue to roll up to 2 million, within three months from April to June. In its report, the company found many factors related to the decline in users, such as market competition and widespread password sharing.
Including the influence of the Russian invasion of Ukraine, and consequently affecting the number of members. As a result, specifically the figure fell from 221.84 million to 221.64 million during the period January - March.