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Message: <blockquote data-quote="justkeepswimming" data-source="post: 148407" data-attributes="member: 25536">I've been keeping up with the streaming industry for a while as I enjoy Netflix quite a bit and a recent story that caught my attention was Netflix moving into the mobile gaming industry.A BBC Article explained that Netflix was into the mobile gaming industry and using some of its popular franchises to attract consumers. While moving into gaming could be very expensive and risky, Netflix has opted to take a quieter route, gradually moving into the industry so they can learn the way it operates. It will also only be available on mobile gaming which is less financially risky.This marks the latest move by Netflix to remain competitive in a fierce market. Some previous moves made by Netflix include introducing an ad-based service and cracking down on password sharing which were successful but short-term changes. This new endeavour could bring about a more steady inflow of earnings if executed correctly. I recall earlier this month Disney announced plans to move into the sports gambling industry, tying its ESPN cable network to a casino and online gambling company Penn Entertainment.These moves showcase the fierce battle for market share by streaming giants as they work to diversify their income as the cost of living crisis has made people watch where they spend and the increase in competition post-pandemic.Netflix moving into the gaming industry opens up multiple opportunities for law firms to get involved. Whether it is to handle IP licenses, data privacy issues, global regulatory compliance or perhaps if Netflix wants to collaborate or acquire another gaming platform then the M&A teams would be involved. Law firms for competitors of Netflix may be advising other companies on how to remain competitive against Netflix's actions.</blockquote>

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