Why Netflix Isn't Interested in Sports
It seems like everyone in streaming is getting into sports. Amazon purchased the global streaming rights to Thursday Night Football and the British rights to the ATP Tennis World Tour this year. Facebook is reportedly interested in investing billions for streaming sports rights.
But Netflix (NASDAQ: NFLX) says it's not interested.
It certainly has the budget, with a plan to spend between $7 billion and $8 billion next year. Ted Sarandos, Netflix's head of content, says sports rights just aren't worth it. Not only are they extremely expensive, he and CEO Reed Hastings see limited value Netflix can add to live sports.
Source: Fool.com
Netflix Inc. Aktie
63,71 €
2,31 %
Und Netflix Inc. steht derzeit mit 124 Buy-Einschätzungen und 3 Sell-Einschätzungen bei unserer Community gut im Kurs.
Für Netflix Inc. sieht die Community ein Kursziel von 100 €, was eine erhebliche Steigerung um über 50% gegenüber dem aktuellen Kurs von 63.71 € bedeutet.
