Live streaming has taken the sports industry by storm, with many subscription-based streaming platforms joining the money-making train. So it is no surprise that many wonders about Netflix and whether or not it offers sports viewing. Come with us as we take a deeper look into sports and Netflix and dive into how useful Netflix could be for the sports industry.
What are subscription-based streaming platforms?
Subscription-based streaming platforms are online platforms that allow the user to watch movies, series, documentaries, sports, and many more using the internet and a display device that connects to the internet. In simple terms, these are online platforms that fit the role of traditional television by offering us the chance to watch our favorite programs from anywhere and at any time without disturbing advertisements or needing to watch from our TV set. You can keep up with your free NBA picks while keeping up with simple scores and game highlights using subscription-based streaming platforms.
Remember that these platforms will require you to pay a monthly, yearly, or even quarterly subscription fee to maintain your access, as they have to purchase their rights to broadcast or live stream such games.
Does Netflix offer sports-related content?
Sports content can fall under multiple categories, including series and documentaries; however, if you’re referring to live-streamed sporting events, you’re not in luck. Unlike many subscription-based streaming platforms, Netflix has opted to give its viewers what they are used to. Netflix’s CEO refers to live-streaming sports as a loss leader and believes the pursuit wastes time and money.
This may seem slightly conflicting, considering that the streaming platform was bidding for ATP tournament rights for some European countries, such as the UK and France. Unfortunately for Netflix, they didn’t last very long in the bid and dropped out as soon as the price went sky-high.
What could Netflix do in the sports industry?
Netflix is among many subscription-based streaming platforms offering much of the same things in terms of structure. Many platforms have offered exclusive content, such as shows, series, and many more, to attract a certain market. Many other platforms have also opted to bring in sports fans by showcasing or live-streaming games. Live streaming sports can bring in many people, especially because millions of sports fans worldwide exist. So what could Netflix do for the sports industry?
Netflix is a widely loved streaming platform, with millions opting to pay their subscription fees for the content and entertainment they receive. By opening their doors to sports, they could be opening themselves up to a new market of people.
They could win the hearts and minds of many by offering them the convenience they’ve been looking for, meaning that people could watch some of their favorite shows while still being able to keep up with some of their favorite teams, making Netflix the winning combo.
If Netflix does decide to open itself to sports, it’ll cater to a wide variety of people across the globe who have already become accustomed to Netflix. This means that more people will have access to all types of sports games, making it easier for sports fans to keep up with their favorite teams.
Conclusion
Sports and Netflix could work better to keep fans connected and watching their favorite games. Although the company believes that making the sports live streaming move could be costly, it could work in its favor and become one of Netflix’s most revolutionary moves that could change the game and how we see and do sports.