Netflix debuts new ‘Playground' gaming app for kids [BNN Bloomberg (Canada)]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: BNN Bloomberg
Analysts say the streaming giant's gaming efforts have yet to emerge as a major growth driver. One of the main challenges, analysts believe, is Netflix's relatively limited portfolio of iconic intellectual property compared with rivals such as Warner Bros Discovery, which owns franchises, including DC Comics. Some of the most popular games from Netflix include Rockstar Games' “GTA: San Andreas”, and those based on its own hit shows such as “Squid Game: Unleashed.” The streaming giant said the new features aim to be a “curated space where parents know kids are entertained, engaged and enriched.” The move is also aimed at deepening engagement with families, a segment where children's content has traditionally been seen as helping reduce churn because parents are less likely to cancel. The new app is designed for children eight years old and younger and is included in all levels of Netflix membership. Each game will be playable offline, including “Playtime With Peppa Pig,” “Dr
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