As Netflix’s growth stagnates and its stock price collapses, the streamer is looking to boost its growth by adding year-round live sports to its programming.
\n\nThere are reports that Netflix is in talks with Fox One to bring its “live sports programming onto the platform.” There are also rumblings that once Comcast separates itself from NBCUniversal, Netflix will gobble it up primarily to gain access to its year-round sports contracts.
\n\n“To matter to a sports fan, you need a year-round offering, not just a season. If you have just a season, people can cancel,” Wolfe Research analyst Peter Supino said on a recent podcast. “We think it’s a very underappreciated possibility that Netflix ends up buying NBCUniversal, which is the second-biggest sports portfolio in the world.”
\n\nNBCUniversal “is almost nowhere in the scripted entertainment business. Despite NBC’s rich history in television, most people would struggle to name anything in the category of Peacock originals or big scripted dramas,” Supino added. “Peacock finds itself a sports business, a news business, and a pay-one film deal with Universal Studios, and that’s just not enough.”
\n\nNetflix eventually lost out to Skydance, but lobbied hard to purchase Warner Bros. Discovery (WBD) earlier in the…
Original source: https://www.breitbart.com/sports/
