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Axios Pro Exclusive Content


NETFLIX BUYS BOSS FIGHT IN LATEST GAMING ACQUISITION

 * Tim Baysinger

Mar 25, 2022
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Illustration: Gabriella Turrisi/AxiosExit Content Preview

Netflix is buying Boss Fight Entertainment, a Texas-based independent gaming
developer.

Why it matters: This is Netflix's third gaming acquisition since it made its
ambitions in this space public.

 * Before getting into gaming, Netflix had not made many significant
   acquisitions. So far, its gaming purchases have been on the small scale.
 * Boss Fight only has one game listed on its website, "Dungeon Boss," but its
   founders had previously developed hits like "Age of Empires," "Star Wars: The
   Old Republic," "Halo Wars" and "CastleVille."

Catch up quick: Netflix isn't playing around when it comes to gaming's growing
importance to the streaming giant's future.

 * Last July, Netflix signed a new overall deal with Shonda Rhimes that included
   gaming and virtual reality content.
 * Later that month, Netflix hired Mike Verdu, a former Facebook and Electronic
   Arts executive, to head up its gaming division.
 * Netflix bought Night School, which is behind the popular "Oxenfree"
   franchise, in September. Earlier this month, the streamer acquired Next
   Games, a Finnish mobile game developer that has already produced a "Stranger
   Things"-inspired game and two others based on AMC's "Walking Dead" franchise.
 * Netflix debuted its first batch of games in November and has put out 16
   titles so far, all on mobile.

The big picture: With more competition than ever before on the streaming front,
Netflix is betting that adding games at no extra cost to subscribers will keep
them on the service in between seasons of their favorite shows.

What's next: In April, Netflix will launch its first first-person shooter game,
"Into the Dead 2: Unleashed."

What they're saying: "Through partnerships with developers around the world,
hiring top talent, and acquisitions like this, we hope to build a world-class
games studio capable of bringing a wide variety of delightful and deeply
engaging original games — with no ads and no in-app purchases — to our hundreds
of millions of members around the world," Amir Rahimi, VP of game studios, said
in a blog post announcing the deal.

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GO DEEPER

 * Bethany Allen-Ebrahimian, author of Axios China

53 mins ago - World


CHINA MAKES GENETIC DATA A NATIONAL RESOURCE

Illustration: Sarah Grillo/Axios

The Chinese government has identified genetic data as a national strategic
resource and is strengthening state control over the country's gene banks and
other repositories of genetic information.

Why it matters: The collection and use of genetic information are fraught with
ethical concerns, including consent and privacy, exploitation of marginalized
groups, and a growing transnational trend toward genetic surveillance.

Go deeper (2 min. read)
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 * Zachary Basu

Updated 2 hours ago - World


RUSSIA CLAIMS IT WILL SCALE BACK FIGHTING NEAR KYIV TO HELP PEACE TALKS

Photo: Arda Kucukkaya/Anadolu Agency via Getty Images

Russia's defense ministry said Tuesday it would drastically scale back military
operations near the Ukrainian capital Kyiv and the northern city of Chernihiv in
order to "increase mutual trust" for a potential peace deal with Ukraine —
though advances on both cities had already stalled.

Why it matters: The announcement came after several hours of peace talks in
Istanbul that both Russian and Ukrainian negotiators characterized as
constructive, but there has yet to be a clear on-the-ground reduction in forces
or shelling.

Go deeper (1 min. read)
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 * Erin Doherty

2 hours ago - Health


FDA AUTHORIZES SECOND BOOSTER SHOT FOR AMERICANS OVER 50

A Roseland Community Hospital nurse prepares doses of the Pfizer vaccine on Dec.
30, 2021. Photo: Brian Cassella/Chicago Tribune/Tribune News Service via Getty
Images

The FDA authorized a second COVID-19 booster shot for Americans age 50 or older
on Tuesday.

Driving the news: The agency cleared an additional dose of the Pfizer-BioNTech
or Moderna vaccines in an effort to protect older Americans if there is another
surge in infections.

Go deeper (1 min. read)
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