"Our work in building our digital assets continues to pay off; this is the sixth consecutive quarter in which the Digital Audio Group Adjusted EBITDA is larger than the Multiplatform Group Adjusted EBITDA.”
The report also indicates that there could be “more resistance among current NFL partners to help out Netflix” because the company may be looking to become a long-term media rights partner for the league in the future.
Launch dates for the projects have yet to be announced by Netflix, which recently agreed to a three-season deal with the National Football League to exclusively stream at least one Christmas Day game.
Netflix, which recently announced that it had approximately 269.6 million paid subscribers in Q1 2024, would reportedly pay less than $150 million per game.