tl;dr
Netflix (NASDAQ:NFLX) will live-stream two National Football League games on Christmas Day, a big step in the streamer's modest inching into live sports broadcasting. The company reached a three-season deal with the NFL and will broadcast the two marquee games this Christmas, and at least one holida...
Netflix (NASDAQ:NFLX) will live-stream two National Football League games on Christmas Day, a big step in the streamer's modest inching into live sports broadcasting. The company reached a three-season deal with the NFL and will broadcast the two marquee games this Christmas, and at least one holiday game on each of the next two Christmas Days. Netflix (NFLX) has tended to focus on "sports-adjacent" series and has downplayed live broadcasts even as other streamers (notably Amazon (AMZN) and ESPN sibling Hulu (DIS) (CMCSA)) charged into the space. But it's been making increasing inroads into live sports, with the most notable recent example being its deal to stream a fight between former heavyweight boxing champ Mike Tyson and YouTube celebrity Jake Paul this summer. This move marks Netflix's first football games, though, and high-profile games to boot. βLast year, we decided to take a big bet on live β tapping into massive fandoms across comedy, reality TV, sports, and more,β said Netflix Chief Content Officer Bela Bajaria. βThere are no live annual events, sports or otherwise, that compare with the audiences NFL football attracts. Weβre so excited that the NFLβs Christmas Day games will be only on Netflix.β Last year, the three games on Christmas day all ranked among the top 25 ratings-grabbers for the year -- and the notable Raiders-Chiefs game with Taylor Swift in attendance drew the highest Christmas viewership since 1988, Netflix notes. Netflix stock (NFLX) was up 1.4% after the first hour of trading Wednesday. The NFL announces its full 2024 schedule Wednesday night.
More about Netflix Inc
Netflix, Inc. (NFLX) is a leading American over-the-top content platform and production company based in Los Gatos, California. Established in 1997 by Reed Hastings and Marc Randolph, the company's core focus is its subscription-based streaming service, providing online access to a wide array of films and television series, including original content.
Sector: Trade & Services
Industry: Services-Video Tape Rental
Market Cap: 265.69 billion
Current Price: $42.56
Dividend Yield: None
P/E Ratio: 14.42
52-Week High: $79.7
Beta: 0.184
Revenue: 34.93 billion
Net Income: 6.45 billion
Earnings per Share (EPS): 8.33
Price to Earnings Growth (PEG) Ratio: 0.148
More about Amazon.com Inc
Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Industry: TRADE & SERVICES
Sector: RETAIL-CATALOG & MAIL-ORDER HOUSES
Market Cap: 1,946,762,740,000
P/E Ratio: 52.4
Dividend Yield: None
EPS: 3.57
52-Week High: 3,057.13
52-Week Low: 0.0638
Average Volume: 590,739,997,000
Price: 226.66
Change: 2.167
Change %: 0.125
More about Walt Disney Company
Walt Disney Company Summary
The Walt Disney Company, commonly known as Disney, is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.
Sector: TRADE & SERVICES
Industry: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION
Market Cap: 192.93 billion
Current Price: $114.51
Price Change: 0.75
Percentage Change: 0.92%
52-Week Range: $48.72
Dividend Yield: 1.9%
Revenue: 89.20 billion
EPS: $125.17
P/E Ratio: 0.486
Beta: 0.012
More about Comcast Corp
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Comcast Corporation is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. Comcast provides services to U.S. residential and commercial customers in 40 states and in the District of Columbia. As the parent company of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast, respectively.
Sector: TECHNOLOGY
Industry: CABLE & OTHER PAY TELEVISION SERVICES
Market Cap: 155.77 billion
P/E Ratio: 10.53
EPS: 1.18
Dividend Yield: 3.77%
52-Week High: $30.04
52-Week Low: $0.126
Avg. Volume: 121.94 million
Price: $48.04
Change: 0.066
% Change: 0.012
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