Netflix and Sony Stocks Rise on Crash Bandicoot Series Collaboration
Netflix (NFLX) and Sony (SONY) shares gained traction Tuesday amid reports of a joint venture to produce a Crash Bandicoot animated series. The project marks the iconic PlayStation mascot's first standalone television adaptation, though the character previously had a minor role in Netflix's Skylanders Academy.
The franchise has seen renewed interest since 2017's Crash Bandicoot N. Sane Trilogy revival, followed by multiple game releases through 2023. Sony continues capitalizing on its gaming IP through multimedia adaptations, with recent successes including The Last of Us and Twisted Metal conversions.
Neither company disclosed production timelines or creative teams for the Crash Bandicoot project. The collaboration aligns with Sony's broader strategy to monetize its gaming portfolio across entertainment formats, including planned film adaptations of Ghost of Tsushima and Horizon series.
