The world’s biggest streaming service says acquiring the rights to stream sport makes no economic sense despite recent success with Jake Paul-Mike Tyson bout.
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An average Netflix subscriber apparently spends two hours a day on the platform, prompting former boss Reed Hastings to quip that its biggest competitor is sleep.
However, Netflix’s current co-chief executives say they have no plans to compete for exclusive TV rights for major sporting leagues, despite a foray into live coverage helping the streaming platform to achieve record growth over the past three months.
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Original URL: https://www.afr.com/technology/netflix-refines-its-sports-plan-as-jake-paul-helps-wow-investors-20250122-p5l6ay
