| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Netflix will stream live NFL games, beginning this season.
In a deal that changes the sports media landscape, the streaming giant has inked a deal to stream the NFL's two new Christmas Day games, which it decided to carve out from its schedule earlier this year. Netflix will stream the games this year, instantly giving it access to the biggest live sports rights in the U.S.
Netflix has been somewhat coy when it comes to sports. It has long played in the sports docuseries game (including with the NFL, via its series Quarterback and the upcoming Receiver) and it has engaged in one-off events like its golf tournament The Netflix Cup, and tennis exhibition The Netflix Slam, as well as the upcoming boxing match between Jake Paul and Mike Tyson.
And of course the company cut a 10-year, $5 billion deal for WWE Raw.
To that end, executives have softened their comments on sports in recent months.
Netflix is "not anti-sports but pro-profitable growth. And I think that's the core of everything we do in all kinds of programming, including sports. So, our North Star is to grow engagement, revenue, and profit," co-CEO Ted Sarandos told analysts on the company's last earnings call April 18. "And if we find opportunities, we could drive all three of those, we will do that across an increasingly wide variety of quality entertainment."
The NFL, meanwhile, has made no secret of its desire to be as widely available as possible. That has meant leaning on broadcast TV, but also partnering with the largest streaming platforms, including Amazon Prime Video — which has Thursday Night Football — and YouTube — which has Sunday Ticket.
Netflix, as the largest global subscription streaming service, would be a feather in the league's cap, and could make the next round of rights particularly interesting.
Posted In: NFLX
