Netflix to Invest in Sports Leagues like Tennis and Surfing? Bidding for Streaming Rights Under the Plan

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Netflix to Invest in Sports Leagues like Tennis and Surfing? Bidding for Streaming Rights Under the Plan



Along with being the biggest streaming platform on this planet, Netflix additionally believes in doing one thing totally different. The OTT is aware of its viewers very nicely and tries to make reveals for folks with totally different demographic profiles. In the previous few years, Netflix has made vital modifications to its content material sample in addition to its options. The platform already has a merchandise retailer. But, are you aware, the platform is now considering of entering into sports activities?

In November 2021, Netflix launched its new characteristic, Netflix Games. It is the platform’s official gaming service, which is free for its subscribers. The better part is that there are not any ads when you play these video games, and they’re out there at no extra value. However, the brand new enterprise that Netflix is considering of investing in is much totally different from Netflix Games and shouldn’t be confused with it. But what’s it then?

ALSO READ: Netflix and NFL May Join Hands to Bring More Sports Documentaries & Reality Show to the Platform

Is Netflix investing in sports activities now?

According to The Wall Street Journal, Netflix is now fascinated by introducing reside sports activities to its subscribers. An individual claimed that the enterprise not too long ago thought-about bidding for the streaming rights to the ATP tennis event in numerous European nations, together with France and the United Kingdom. However, it in the end determined to again off. Bidding on plenty of different occasions was additionally talked about, together with the Women’s Tennis Association and biking races within the United Kingdom.

This will likely be a game-changing concept for the platform. Firstly, it should assist it achieve subscribers and viewership. And secondly, the streaming big will associate up with plenty of sports activities manufacturers and corporations, which will likely be one other method of producing income. Also, by partnering up with these manufacturers and channels, will probably be in a position to introduce advertisers to its advert tier. Basically, the scope of adverts will enhance. It will even assist lesser-known sports activities like browsing to realize worldwide recognition.

Netflix’s unique documentaries on sports activities have been most profitable after they present unique entry to the motion. Both Formula 1: Drive to Survive and Cheer have elevated most people’s familiarity with the Formula One racing collection and the game of aggressive cheering.

Let’s hope the streaming big considers launching a reside sports activities part for its cine and sports activities lovers.

ALSO READ: Ahead of the Release of ‘Hustle’, Adam Sandler’s 26 Years Old Sports Comedy Continues in Netflix’s Top 10

The submit Netflix to Invest in Sports Leagues like Tennis and Surfing? Bidding for Streaming Rights Under the Plan appeared first on Netflix Junkie.

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