- Netflix has hired Mike Verdu, a former executive at Epic Games, as the company's new President of Games. This move is part of Netflix's efforts to expand into the gaming industry and diversify its offerings beyond just streaming video content.

- Verdu has extensive experience in the gaming industry, having previously worked at companies like Electronic Arts, Zynga, and Facebook's Oculus division. His expertise in game development and publishing is expected to help Netflix establish a strong presence in the gaming market.

- Netflix's foray into gaming is seen as a strategic move to retain and attract subscribers, as the company faces increasing competition from other streaming services. By offering games alongside its traditional video content, Netflix aims to provide a more comprehensive entertainment experience for its users.