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Netflix considers bid for Formula One's US TV rights, The Athletic says

1. Netflix plans to bid for Formula One's U.S. TV rights, potentially expanding content. 2. Acquisition could enhance subscriber appeal and diversify offerings amidst competition.

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FAQ

Why Bullish?

Securing high-profile sports rights often drives subscriber growth, similar to Disney's ESPN strategy.

How important is it?

The potential acquisition could significantly reshape Netflix's content strategy, impacting revenue.

Why Long Term?

Long-term subscriber engagement benefits from exclusive content deals can sustain growth.

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