In today's top stories for Netflix Inc. NFLX, the streaming giant is making significant strides in the gaming sector and has recently settled a copyright lawsuit related to its popular show, Stranger Things.
Netflix Ventures into Gaming with a New Controller App:
Netflix is broadening its horizons by introducing a game controller app, enabling users to play games on TVs and PCs.
This strategic initiative not only diversifies Netflix's offerings beyond movies and TV shows but also positions it ahead of its competitors in the streaming domain.
Following in the footsteps of Alphabet Inc's GOOG GOOGL Google's Stadia, Netflix is testing the waters of cloud gaming. The company is experimenting with game streaming technology and a phone-centric controller.
Unlike Stadia, Netflix is focusing on smaller games that don't necessitate an online connection, potentially addressing issues like buffering and reduced quality.
While there might be potential cost-cutting measures for Netflix's gaming studio, offering games could serve as an added bonus for subscribers, as per report.
Stranger Things Copyright Lawsuit Settled:
Netflix has amicably settled a copyright lawsuit concerning its acclaimed series, Stranger Things.
Screenwriter Jeffrey Kennedy and his firm, Irish Rover Entertainment, alleged that the show's creators, the Duffer Brothers, plagiarized his screenplay.
However, Kennedy has now agreed to dismiss the lawsuit with prejudice, preventing any future refiling. Netflix has consistently refuted the claims, emphasizing the Duffer Brothers' originality in conceiving Stranger Things, BWorldOnline reports.
Disclaimer: This article was developed with the aid of artificial intelligence and Ultima Insights and underwent an editorial review.
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