Home Tech Netflix hires Facebook gaming executive Mike Verdu amid push to games

Netflix hires Facebook gaming executive Mike Verdu amid push to games

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(L-R) Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho.

Kevin Dietsch | Getty Images

Netflix has hired video-game executive Mike Verdu from Facebook, where he was vice president of augmented reality and virtual reality content, as the company makes a deeper push into gaming.

Prior to his two years at Facebook, Verdu worked at gaming companies Electronic Arts, Kabam, Zynga and Atari, dating back to the late 1990s. A Netflix spokesperson confirmed the hire, which Bloomberg was first to report.

Netflix shares rose 2% in extended trading on Wednesday.

The move reflects Netflix’s ambition to go beyond offering television shows and movies to its more than 200 million subscribers. Like the streaming business, online gaming is getting more competitive, as Amazon, Google and Microsoft are all investing in the category.

Netflix has been slowly making its way into the market…

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