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Benzinga
160 days

Netflix Stock To Kick And Punch Higher? Streamer Could Add UFC Rights To Its Growing Sports Library

1. Netflix aims to enhance sports content, potentially acquiring UFC rights. 2. High demand seen for past sports events, including NFL and boxing matches. 3. UFC's dissatisfaction with ESPN creates opportunity for competitors like Netflix. 4. Netflix may offer UFC fights to existing subscribers, boosting engagement. 5. Strong subscriber growth from such content could reduce churn rates.

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FAQ

Why Bullish?

Increased sports content historically correlates with boosted subscriptions and revenue for NFLX.

How important is it?

The article suggests potential growth avenues for Netflix, impacting subscriber acquisition.

Why Short Term?

Upcoming rights negotiations for UFC and live boxing events are imminent.

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