Why indie games are the next big tech investment: Gaming CEO
Netflix may not be able to remain just a streaming company.
In this episode of Power Players, Brian Sozzi sits down with Griffin Gaming Partners co-founder and managing director Peter Levin to discuss why Netflix, Amazon, Google, and other major technology and media companies are increasingly pushing into video games. Levin explains why these companies can’t afford to send customers elsewhere for interactive entertainment, why building gaming businesses organically is difficult, and why he expects more M&A across the industry.
Levin also weighs whether Microsoft could eventually spin off Xbox, the extraordinary staying power of Grand Theft Auto, what’s next for Roblox, why sports are attracting enormous amounts of investment, and the overlooked opportunity at the intersection of sports and gaming.
Timestamps
00:00 Peter Levin’s lifelong bet on gaming
01:52 Why gaming has become enormous
04:17 Why Netflix needs gaming
06:17 Should Netflix buy a gaming company?
08:03 Could Microsoft spin off Xbox?
09:30 Why more gaming M&A is coming
10:53 What makes GTA so valuable?
12:36 Why you shouldn’t bet against Roblox
13:54 Why investors are pouring money into sports
16:42 The untapped opportunity in sports gaming
18:50 Why Levin is betting on MMA
24:51 Inside a 500,000-card collection
#Netflix #Gaming #Xbox #Microsoft #GTA #Roblox #PowerPlayers #BrianSozzi #YahooFinance
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