Halo Studios, Microsoft reportedly turned down a $500 million offer from Netflix for a seven-year deal to adapt Xbox characters into shows and films. According to Puck, Microsoft countered with an $800 million proposal, causing negotiations to collapse. Xbox stated they have received "record-breaking interest" in their intellectual property and remain open to partnerships, highlighting upcoming animated series for Minecraft and Diablo.
The company is now pursuing smaller, case-by-case deals rather than exclusive arrangements. Microsoft has previously collaborated with Paramount on the live-action Halo series and is developing a Call of Duty film, a third season of Fallout for Amazon, and a sequel to A Minecraft Movie. Other titles like Gears of War, The Elder Scrolls, and Sea of Thieves are also being pitched for adaptations.
Meanwhile, Netflix continues to expand its game-based content, including the return of the animated Cyberpunk: Edgerunners.
Source: Hacker News · Summarized by HeadlinesBriefing