'Netflix Explores Streaming Live Boxing Match' - Wall Street Journal
Portfolio Pulse from Benzinga Newsdesk
Netflix is considering streaming live boxing matches, according to the Wall Street Journal. This move could potentially diversify the company's content offerings and attract a new audience segment.
November 03, 2023 | 2:04 pm
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Netflix's exploration of streaming live boxing matches could potentially diversify its content offerings and attract a new audience segment, which may positively impact its stock in the short term.
Streaming live sports is a new avenue for Netflix, which is predominantly known for its movies and series. If successful, this could attract a new audience segment, potentially increasing viewership and subscription numbers. This could lead to increased revenues, which may positively impact the stock price in the short term.
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