From Nasdaq: 2024-11-21 10:52:00

Netflix is making a significant move into live content streaming, with events like the Tyson vs. Paul boxing match drawing 108 million viewers. However, technical challenges raise concerns about its readiness for major live programming.

The company’s strategic expansion into live streaming includes a $5 billion WWE deal but faces technical difficulties. Despite short-term hurdles, Netflix’s market position and content diversification suggest long-term potential.

Netflix expects to see growth in paid subscribers and revenues in 2025, although investments in live content may impact short-term margins.

As traditional media companies bundle services, Netflix stands out with standalone offerings and live content. While investors have responded positively, technical challenges and costs present risks.

Netflix’s push into live streaming shows promise, but new investors may want to wait for better entry points. The company needs to prove consistent delivery of high-quality live programming.

Zacks experts highlight a company targeting millennials and Gen Z with high revenue potential. Now could be a good entry point for investors, but caution is advised.



Read more at Nasdaq: Does Netflix’s Push Into Live Steaming Justify Buying the Stock Now?