Xbox Countered at US$800 Million in Netflix Talks, Puck Reports
Xbox made a counteroffer of US$800 million in its talks with Netflix, according to Puck News, which published its report on 23 October 2026. The report says Xbox's Asha Sharma and her business affairs team made the counter. A counteroffer is a reply to the other side's proposal, and the business affairs team is the group that handles the financial and legal terms of a deal.
Puck also reported discussion of US$500 million over seven years in connection with the Netflix and Xbox negotiations. A figure spread across seven years is a multi-year arrangement, paid out over the length of the contract rather than in one sum. The same newsletter reported the two figures in the context of the same talks.
The most recent Puck reporting adds one more development. With Bela gone, the Netflix offer has been taken off, the outlet reported.
Xbox is Microsoft's video game brand, and the talks sit between a games company and one of the world's largest streaming services. Netflix is best known for its films and television shows, which people watch on demand over the internet for a monthly fee.
Separately, Broadband TV News reported on 12 October 2026 that Xbox is moving further into television with a new entertainment division. Taken together, they show Xbox expanding beyond games into screen entertainment.
For readers, the key points are straightforward. A dollar figure has been reported in talks between Netflix and Xbox, a counteroffer has been reported at US$800 million, and the Netflix offer is reported to be off the table. Further details would normally come from the companies themselves.
