Does Netflix's Push Into Live Steaming Justify Buying the Stock Now? [Yahoo! Finance]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
The company's recent successes with events like the Mike Tyson vs. Jake Paul boxing match, which drew 108 million average viewers, demonstrate its potential in the live streaming arena. However, technical challenges during these events raise questions about the platform's readiness for major live programming. Netflix's strategic expansion into live streaming, marked by high-profile events like the Tyson-Paul fight and the $5 billion WWE deal, demonstrates its commitment to diversifying content offerings beyond traditional streaming. However, widespread streaming issues and buffering problems plagued many viewers. These technical difficulties are particularly concerning as the company prepares for even bigger events, including two NFL Christmas Day games and the upcoming launch of WWE's Monday Night Raw in 2025. The platform's ability to handle large-scale concurrent streaming remains a critical challenge that needs to be addressed. Despite these short-term hurdles, Netflix's stron
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NFLX
Earnings
- 10/17/24 - Beat
NFLX
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- NFLX's page on the SEC website