The streaming company's disappointing fourth-quarter forecast has some on Wall Street questioning its future in the competitive streaming world, as ad purchasing slows and the company continues to spend. Read More...
Reuters
Netflix explores investing in live sports, bids for streaming rights- WSJ
The company recently bid for the streaming rights for the ATP tennis tour for some European countries, including France and the U.K., but dropped out, the report said. Netflix declined to comment, when contacted by Reuters. The company also discussed bidding for other events, including U.K. rights to the Women’s Tennis Association and cycling competitions, and was in talks late last year to acquire the World Surf League, the WSJ said.
