Overview
- Netflix, which now carries a Christmas Day doubleheader, said Thursday on its earnings call that it is discussing a larger live‑game deal with the NFL.
- The NFL is shopping a five‑game package for 2026, with decisions expected in the coming weeks as the league locks its regular‑season schedule.
- The Justice Department plans to widen its review of sports media rights to other leagues covered by the Sports Broadcasting Act, adding uncertainty for streaming‑only games.
- Netflix posted strong Q1 results with $12.25 billion in revenue and $5.3 billion in net income, helped by a $2.8 billion termination fee tied to its shelved WBD pursuit.
- The company points to an event‑focused playbook, citing three million viewers for MLB Opening Night and 31.4 million viewers for the World Baseball Classic in Japan, as rivals like YouTube are also reported to be in the mix for NFL inventory.