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Third Party Live TV content is significantly more expensive, competitive & complicated than the third party content Netflix pays for. To say it is a "greenfield
by rockarage 10y ago
Third Party Live TV content is significantly more expensive, competitive & complicated than the third party content Netflix pays for. To say it is a "greenfield space no one else is really jumping upon yet" is really naive, try to do little research on the market, live content is fragmented for a reason. Therefore we will need billions in cash to create a Netflix of Live TV, there are only a handful of companies(Apple, Microsoft) that can actually outbid the current players. Moreover the winning bidder is likely overpaying for the content making it less likely to see a direct financial return. To make it work it will require near perfect execution and cash Twitter does not have.
- dotBen 10y agoThey've managed to already for it for NFL and MLB rights, and there's plenty of cheaper rights out there and up for grabs. Netflix didn't start producing original content to begin with, but Twitter could ramp their way up to obtaining a lot of the crown jewels of sport.
- tootie 10y agoTheir live streaming was all about content negotiation and marketing which I think they did a poor job of. The actual streaming was handled by MLB Advanced Media which is far and away the leader in this space. Twitter should just acquire them if they want to get into this space.