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A deal between Netflix and Xbox has supposedly fallen through because of one minor quibble: Netflix wanted to adapt the console maker's games for $500m, not $800m.

That's according to Puck News ' Matt Belloni, who reports that Netflix offered Xbox $500m to exclusively licence the company's games and turn them into streamable films or TV shows for the next seven years.

Xbox CEO Asha Sharma and the division's business affairs team then responded with an eye-watering counter offer, according to the report. Xbox supposedly asked the streamer for $800m to sign off on the same deal.

Former Netflix CCO Bela Bajaria reportedly approached the game publisher first, but the executive's departure and Xbox's expensive counter offer led to the deal falling apart.…