ETFs & Funds
Home›ETFs & Funds›Fund Industry›Netflix weighs costly sports rights as it seeks subscr…
Netflix weighs costly sports rights as it seeks subscriber growth
Netflix frames live sports as a way to attract new subscribers, even as investors remain skeptical about the company’s wider engagement trends.
MarketWatch reports that Netflix is paying more for sports programming rights and is positioning live content as a lever to attract new subscribers.
The outlet says the company argues live programming helps drive subscriber growth, but investors have grown disillusioned with Netflix’s broader engagement trends.
The developments put Netflix’s spending on high cost sports rights in focus, with the debate centered on whether that strategy will translate into sustained audience traction.