Netflix, Inc. (NFLX): Is Live Programming The Next Logical Step?

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The thinking here at Insider Monkey is that Netflix is citing ESPN as a model for producing live content and distributing to a wide audience. CEO Reed Hastings is not dumb; he understands that Internet TV is becoming the new wave – in fact, surveys have recently shown that teens and young adults prefer getting their video content via the Internet than through a cable TV package – and that, by extension, it will be a natural progression to have live digital content streamed and later archived for viewing later or multiple times. (I can’t tell you how much I have wanted to watch Game 7 of the 2001 World Series between the Diamondbacks and Yankees 100 times.)

Sports is the most visible forum for broadcasting live content, so might this be the next logical step for Netflix, Inc. (NASDAQ:NFLX)? What do you think? Do you disagree with our assessment? Do you think Netflix mentions ESPN for some other reason? Let us know your thoughts in the comments section below.

DISCLOSURE: I own no positions in any stock mentioned.

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