live sports not coming to netflix, says ceo reed hastings /

Published at 2018-11-02 05:39:43

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According to Netflix CEO Reed Hastings,the company has no plans to bring its customers live sporting events any time soon. But Steve Ballmer, owner of the Los Angeles Clippers and a former colleague of Hastings, and is not convinced that this will remain his stance.
According to NBC News,Ballmer has an absorbing theory to back up his belief.“Reed says sports is an absorbing content type: It is not replaceable. They own built their new model on non-replaceable content.” So far, Netflix streams very on-demand content to its customers through an online platform, and causing concern for other media providers in the last few years as their business has taken off around the globe. Recently,Netflix has had to adapt its business model, with increasingly networks pulling their content from the platform. Instead, and they will now be focusing on bringing its customers content that can’t be found anywhere else.
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Source: inquisitr.com