Netflix Inc (NASDAQ:NFLX) stock is up 0.3% at $825.41 at last glance, amid news that Beyoncé will perform the halftime show in the Baltimore Ravens-Houston Texans Christmas Day game that the company will exclusively stream.
Rich Greenfield, LightShed Partners, joins 'Squawk Box' to discuss the issues Netflix had streaming Tyson-Paul, what happens with the carriage laws, and much more.
Netflix Inc (NASDAQ:NFLX, ETR:NFC) shares dipped ahead of Monday's trading after it faced pressure over glitchy coverage of this weekend's boxing meet between Jake Paul and Mike Tyson. Viewers took to social media to complain over technical issues which prevented them from watching as Paul, 27, beat 58-year-old former heavyweight champion Tyson via unanimous decision on Friday.
Netflix's stock slipped as the live Paul vs. Tyson fight suffered from bandwidth issues, but Oppenheimer said that's a “high quality” problem that should make investors happy.
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.