The streaming service's broadcast of the much-hyped boxing fight ended in frustration after several technical glitches.
Netflix (NFLX) shares could be on watchlists Monday after the streaming giant experienced technical glitches as a record 60 million households tuned into its Friday night broadcast of a highly anticipated fight between YouTube influencer-turned boxer Jake Paul and boxing legend Mike Tyson.
Can Netflix ace live sports coverage? Here's what you need to know about the lessons learned in last Friday's flawed attempt.
Netflix said on Saturday that 60 million households worldwide had tuned in for the highly anticipated boxing match between Jake Paul and Mike Tyson, and the event peaked at 65 million streams, according to a statement.
Viewers have been talking about Friday evening's boxing match between Mike Tyson and Jake Paul — but probably not for the reasons Netflix was hoping.
Netflix was down for thousands of users in the U.S. late on Friday, according outage tracking website Downdetector.com.
CNBC's Melissa Lee and the Fast Money traders—Karen Finerman, Tim Seymour, Julie Biel, and Steve Grasso—discuss Netflix as the streaming giant gears up to stream the highly anticipated boxing match between Jake Paul and Mike Tyson, on Friday.
Steve Weiss, founder and managing partner at Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he'd buy Netflix even though it hit a record-high yesterday.
Netflix stock has soared into a profit zone. The hot November stock market rally has also lifted Reddit, Celestica and three other stocks.
Key Points: Only Amazon.com Inc. (NASDAQ: AMZN) comes close as a competitor to the streaming king Netflix Inc.
Netflix stock has had a solid year, rising by almost 72% in year-to-date trading. The company successfully navigated a brief subscriber decline post-Covid-19.
A showdown between former heavyweight champion Mike Tyson and social media influencer-turned-fighter Jake Paul on Friday is the latest one-two punch from Netflix, as the media giant hopes to cash in on sports' sprint to streaming.