Netflix Not Interested In Broadcasting Live Sports

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Netflix Not Interested In Broadcasting Live Sports 

Post#1 » by RealGM Wiretap » Wed Apr 19, 2017 5:21 pm

Netflix is not interested in following Amazon or Twitter into broadcasting live sports.

“Investors ask us about Amazon’s move into NFL football,” the company said in a statement as it released its Q1 2017 results. “That is not a strategy that we think is smart for us, since we believe we can earn more viewing and satisfaction from spending that money on movies and TV shows.”

Revenues increased by 35% for Netflix, while the service added 5 million new members.

Via Rimma Kats/eMarketer

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