BusinessPhoto: NDTV TechNetflix Offered $500M for Exclusive Xbox Film and TV Rights
Netflix reportedly offered $500 million to Microsoft for exclusive film and TV rights to Xbox intellectual property for seven years. However, negotiations fell apart after a leadership change at Netflix. Xbox CEO Asha Sharma countered with an $800 million offer, but by then Netflix's Chief Content Officer Bela Bajaria had been fired, ending the talks.
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