Ted Sarandos, co-CEO of Netflix, expressed enthusiasm about the potential of streaming live sports on the platform. He acknowledged the appeal of live sports such as the NFL and WWE but noted that incorporating full seasons of major league sports would not significantly impact the underlying economics.
Vero’s thoughts on the news:
Streaming live sports on Netflix could be an interesting addition, given the platform’s vast user base and advanced streaming technology. However, the economics of integrating full seasons may pose significant challenges. The high costs associated with live sports rights may not justify the potential gains, especially considering Netflix’s existing emphasis on original content and series. Additionally, delivering a seamless live sports experience would require substantial technical and infrastructural investments.
Source: Ted Sarandos On The Prospect Of Full Season, Big League Sports On Netflix – Deadline
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