This type of content is not coming to Netflix in the near future

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Netflix does not intend to interfere with the sports and live news market for the time being. CEO Reed Hastings said this in an interview with Variety. The streaming service has no interest in that market for the time being.

When it comes to new content, Netflix continues to focus on building a wider range of movies and television series. The big money that Netflix spends on broadening its range, therefore, continues to focus on original content. This does include series about Formula 1 that we saw appear, for example.

No news and sports
“I doubt news, sports, video gaming, user-generated content and other similar broad categories make sense at this point. [Sarandos, co-CEO] focuses on larger films, larger series and animation. For the next few years, every dollar we want to spend on content has been allocated, “ Hastings said.

For the time being, Netflix will therefore not bet on news and sports, if only because people do not immediately expect this from Netflix. After all, the streaming service has focused on films and series since its inception.

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