1621 ET - Netflix says its live event strategy remains unchanged: "We remain focused on breakthrough events that our audiences love and any rights or event deal we pursue has to make economic sense," the streaming service says. The company, which now broadcasts WWE's "Raw" weekly, will continue to opt for live sporting events, including the Taylor vs. Serrano boxing rematch this July and a second NFL game for Christmas Day. "While our initial live efforts have primarily focused on the U.S., we expect to extend this strategy to other countries over time," the company says. Netflix beat its forecast for revenue and operating margin for 1Q. (connor.hart@wsj.com)
(END) Dow Jones Newswires
April 17, 2025 16:23 ET (20:23 GMT)
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