Microsoft allegedly sought $800 million from Netflix for a seven-year deal to exclusively stream shows and films featuring Xbox characters, according to a report from Puck citing three sources. The report claims Netflix initially offered $500 million for the deal, which ultimately fell through. Microsoft has since stated that it has received record-breaking interest in its IP and is excited to collaborate with Netflix on upcoming projects, including Minecraft and Diablo animated series. Netflix declined to comment on the deal, and Microsoft is now reportedly pursuing smaller partnerships with multiple partners rather than a single exclusivity deal.
