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Netflix boss addresses making huge change that could make the subscription fee seem like a bargain

Home> Entertainment> Netflix

Updated 15:51 11 Dec 2024 GMTPublished 21:06 9 Dec 2024 GMT

Netflix boss addresses making huge change that could make the subscription fee seem like a bargain

Netflix CEO Ted Sarandos spoke about the possibility to The Wall Street Journal last month

Ben Thompson

Ben Thompson

Netflix is most people's go-to when it comes to streaming services.

It has just about everything you could want on there - documentaries, movies, TV series - you name it.

However, there's been one piece of entertainment that has been left largely untouched up until this point - which Netflix's CEO, Ted Sarandos, addressed in a recent interview.

Netflix has a ton of content on it (Jakub Porzycki/NurPhoto via Getty Images)
Netflix has a ton of content on it (Jakub Porzycki/NurPhoto via Getty Images)

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Sarandos was being interviewed by The Wall Street Journal when the topic of livestreaming content was raised by interviewer Emma Tucker.

Tucker asked Sarandos about Netflix's sport content, saying: "Traditionally, Netflix has done some great sports documentaries. But you haven't really been into live sports streaming.

"However, on Christmas Day no less, you'll be streaming two NFL games. And you'll also be streaming a boxing match between Mike Tyson and Jake Paul.

"My question is - will we ever see a full season of college or professional football, baseball or basketball on Netflix?"

To which Sarandos replied: "I'll never say never, but right now we are in the live events business.

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Ted Sarandos spoke about live sports coverage coming to Netflix (
Steve Granitz/FilmMagic)

"Some of those events are sports. The Tom Brady roast is just as much a live event as the Tyson-Paul fight.

"There's just something very interesting about when the whole world comes together to watch something at the same time, it doesn't happen very often."

It was his belief that streaming the NFL games on Christmas Day would make the sport truly international for the 600 million users around the world.

However, he adds that the difference between the 'event and the season' is down to the economics of it.

He said: "I think the leagues do a phenomenal job of building fandom, and for that, they get to keep all of the money."

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Sarandos added that distribution tends to be 'low-margin business in league sports', however, if they can 'add some value back to them', then he thinks they could 'make it work'.

With WWE also set to come to the platform next year, there's no telling where this will end. But either way, it'd make the site seem like even more of a bargain that it already is.

A standard Netflix subscription costs £10.99 and gives you access to thousands of films and shows.

Throw lives sport into the mix and you've got yourself one hell of a deal.

However, don't get too carried away as rules would still apply should you be watching any live events on Netflix.

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Mike Tyson and Jake Paul duked it out recently, with the fight being broadcast on Netflix (Stephen McCarthy/Sportsfile via Getty Images)
Mike Tyson and Jake Paul duked it out recently, with the fight being broadcast on Netflix (Stephen McCarthy/Sportsfile via Getty Images)

Earlier this year, the BBC confirmed to LADBible that users doing this in the UK would need a TV license.

Used to fund the BBC and its services, the TV Licence is needed for any household if you want to watch live programming on any network or service - not just on the BBC.

A spokesperson said: "To clarify, you do not need a TV Licence to watch on-demand programmes on Netflix and other streaming services like it - only if you watch live content."

Historically, those who don't pay for a TV Licence but watch live television are hauled before magistrates' courts where they can face fines of £1,000.

Featured Image Credit: Jakub Porzycki/NurPhoto via Getty Images Steve Granitz/FilmMagic

Topics: Entertainment, Netflix, Sport, NFL, Boxing, Christmas

Ben Thompson
Ben Thompson

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