Does Netflix's Push Into Live Steaming Justify Buying the Stock Now?
NFLXNetflix(NFLX) ZACKS·2024-11-22 00:56

Netflix's (NFLX) transformation from a DVD rental service to a streaming giant is taking another significant leap with its ambitious push into live content. The company's recent successes with events like the Mike Tyson vs. Jake Paul boxing match, which drew 108 million average viewers, demonstrate its potential in the live streaming arena. However, technical challenges during these events raise questions about the platform's readiness for major live programming.Technical Infrastructure ConcernsNetflix's st ...