Netflix Inc. is becoming more open to the idea of putting live sports on its platform—as long as it can do so without going broke.
One of the people claimed that the company recently made a bid for the ATP tennis tour streaming rights for some European nations, including France and the U.K., but later withdrew. The bids for a number of other events, including the U.K. rights to the Women’s Tennis Association and cycling competitions, were also discussed, according to the sources. Additionally, according to people familiar with the discussions, Netflix executives have talked about purchasing less well-known leagues in an effort to avoid the ever-rising costs of bidding for sports rights.
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Netflix Inc. is becoming more open to the idea of putting live sports on its platform—as long as it can do so without going broke.
One of the people claimed that the company recently made a bid for the ATP tennis tour streaming rights for some European nations, including France and the U.K., but later withdrew. The bids for a number of other events, including the U.K. rights to the Women’s Tennis Association and cycling competitions, were also discussed, according to the sources. Additionally, according to people familiar with the discussions, Netflix executives have talked about purchasing less well-known leagues in an effort to avoid the ever-rising costs of bidding for sports rights.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
