Mike Tyson vs Jake Paul: Netflix says 60m households watched fight

Published On Nov 16, 2024, 2:31 PM

Netflix hosted a high-profile boxing match between Mike Tyson and Jake Paul, which attracted 60 million households globally. Despite record viewership, there were significant technical issues during the event, leaving many subscribers frustrated and unable to watch. This event marks Netflix's first venture into live boxing and raises concerns about the platform's ability to handle live sports, especially as they plan to host more in the future.

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Stock Forecasts

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Negative

Investors might see a short-term dip in Netflix's stock due to the technical glitches experienced during such a high-profile event. However, the massive viewership indicates a strong interest in live sports content, which could lead to future opportunities for growth once the platform resolves these issues.

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