Netflix used to chat a lot about its plans for video games and podcasts. Not anymore.
Netflix co-CEO Ted Sarandos no longer has anything to say about the company's move into video games or podcasts.
Patrick T.
Fallon / AFP via Getty Images Netflix has been talking about its plans to build a video game business for years.
More recently, it has told investors it was also excited about its move into podcasts.
Now it has nothing to say about either category.
Its silence may be telling.
For years, Netflix has been telling investors how excited it is about its move into video games.
More recently, it has also started talking up its move into podcasts.
But when the company released its third-quarter earnings on Tuesday, the streamer had nothing to say about either foray.
What does that mean? Netflix won't say.
But I'm pretty comfortable coming up with my own conclusion: Netflix doesn't think games or podcasts are going to do much for its business, at least in the near future.
That also tracks with new reporting from The Wall Street Journal , which says that Netflix has recently "stopped pushing games and podcasts, focusing more on its core movie and TV offerings." That's logical, given the most pressing problem the company has: figuring out how to make movies and TV shows that attract new subscribers , and that get its existing subscribers to spend more time on the service.
But it's also a real turnaround, at least in its messaging.
Netflix has consistently talked up games since it launched that business in 2021.
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