Netflix may be planning to take on ESPN with this 'Big sports deal'
Netflix is considering acquiring US broadcast rights for Formula One racing, following the success of its docuseries 'Drive to Survive'. This move aligns with Netflix's growing interest in live events, evidenced by streaming the Mike Tyson-Jake Paul fight and NFL games. Current rights holder ESPN's deal expires after 2025, valued at $75-$90 million annually.
Netflix is considering acquiring US broadcast rights for Formula One racing, following the success of its docuseries 'Drive to Survive'. This move aligns with Netflix's growing interest in live events, evidenced by streaming the Mike Tyson-Jake Paul fight and NFL games. Current rights holder ESPN's deal expires after 2025, valued at $75-$90 million annually.
