Streaming to gaming

NETFLIX has hired a veteran video game executive as the streaming giant eyes an expansion into the gaming industry.

It comes after Amazon, Google and Microsoft made investments in online gaming, a growing market.

Mike Verdu will be vicepresident of game development, Netflix has confirmed.

Mr Verdu last worked at Facebook and has a background at gaming firms like Electronic Arts and Atari dating back to the 1990s.

Bloomberg reported Netflix was considering adding video games to its streaming service, which would appear alongside the watchable content as a “new programming genre”.