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Benzinga
Benzinga
Entertainment
Chris Katje

Netflix Acquires A Video Game Company: How The Deal Expands Cross Promotional Opportunities

Streaming giant Netflix Inc (NASDAQ:NFLX) announced Wednesday an acquisition that could continue the company’s push into the massive video game sector. Here are the details on the acquisition and why it's important.

What Happened: Netflix is acquiring Next Games, a Finnish gaming company founded by Teemu Huuhtanen in 2013. The acquisition will see Netflix pay 2.10 Euros per share for the publicly traded company.

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