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Major League Baseball closes in on new media rights deals with ESPN, NBC, Netflix

1. Netflix is close to a deal for Home Run Derby rights. 2. Major League Baseball's media rights are shifting towards streaming platforms. 3. ESPN opted out of a major deal, changing the landscape for MLB broadcasts. 4. NBC would acquire Sunday night games and playoffs for $200 million annually. 5. The new deals will impact MLB media rights after the 2028 season.

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Why Bullish?

The acquisition of MLB streaming rights can enhance Netflix's content offering, potentially attracting more subscribers. Historical examples include increased viewership for similar sports content deals, leading to rising stock prices.

How important is it?

The article discusses a media rights deal favorable for Netflix, which can increase its offerings and subscriber base. Given the shift towards digital media, this is significant for Netflix's growth strategy.

Why Long Term?

The long-term view is shaped by the evolving media consumption habits favoring streaming, which can sustain subscriber growth for Netflix beyond current deals. With the MLB rights expiring in 2028, there is potential for further negotiations improving financial performance.

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