Netflix is paying the NFL a lot of money for Christmas Day football.
of Wall Street Journal coverage The streaming giant will pay about $75 million per game for the Chiefs-Steelers and Ravens-Texans games on Dec. 25.
Netflix will begin hosting this year’s games, while also hosting holiday games in 2025 and 2026, the paper said.
front office sports It was previously reported that bidding started at $50 million, with the league hoping for up to $100 million, but ultimately there was a split between the two numbers.
In January, Peacock paid $110 million to broadcast a wild-card playoff game that upset some fans but delivered great results for business.
Amazon is hoping for similarly strong results this season while paying $120 million for the Wild Card Game, which will be broadcast on its streaming platform Prime Video.
Netflix Vice President Spencer Wang told Deadline. He described each game purchased as being “about the size of one medium-sized original movie.”
The Irishman had a budget of $225 million before the record script purchase. Most of the money Netflix spent on movies up to now.
Netflix has invested heavily in sports, signing a $5 billion, 10-year broadcast deal with WWE.
The streaming giant will also air a boxing card, Jake Paul vs. Mike Tyson, which it hopes will help attract new customers while also retaining them in the future.
The NFL will likely make some concessions to Fox and CBS. Fox and CBS are currently losing major games that would have been aired on their networks.
Pro football’s Mike Florio speaks My guess is that these networks are “embarrassed” by having to compete for games that are part of the regular 272-game package.
