Netflix is the largest video-on-demand streaming platform at the moment and it continues to grow, especially as it plans to make a number of amazing changes for customers who pay for its services. According to information about Netflix's plans for the future, it seems that the video-on-demand streaming platform would be interested in buying the exclusive rebroadcast rights for Formula 1 races, if they were available.
Netflix would surprise with such an unprecedented decision for customers all over the world, and that's because until now no similar on-demand video streaming platform has done something that would have such an impact. If Netflix were to make the decision to exclusively broadcast the Formula 1 races, then they would certainly have to pay a lot for these rights, but they would without question recover the money from subscribers and other partners.
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Netflix has already bought the exclusive rights to broadcast certain sports events from all over the world, but for now it is very far from even having the opportunity to broadcast the Formula 1 races, as the difficulty of obtaining the rights is known. The CEO of the Netflix company stated that if the distribution rights for the Formula 1 races were now put up for sale again, the platform he represents would definitely be interested in buying them in full.
Netflix wants to have as much control as possible over the final product it delivers to its subscribers, so taking control of the retransmission rights of Formula 1 would represent a big step in the right direction for the company. Of course, Netflix would have a lot of competition and would have to pay huge amounts, billions upon billions of dollars annually, but it would definitely have a place to recover a very large part of the money it would allocate.
Netflix is currently trying to offer its customers from all over the world only the best content on the streaming video on demand side, so we will have other interesting surprises in the very near future.
