While the video game industry seems to be in free fall, especially at Xbox, the TV-pulled-from-video-games industry is on the rise. Especially at Xbox. Earlier this month, Microsoft announced a new department dedicated to cross-media property development. According to an industry insider, the team may have come from the ashes of a burned deal with Netflix, after Xbox reportedly over-leveraged the value of its intellectual properties.
In a report from Puck News‘ Matthew Belloni, a deal was forming between Xbox and Netflix to develop projects based on its extensive gaming portfolio. In a write-up on freshly arrived Netflix executive Peter
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