Netflix gains after hailing Jake Paul-Mike Tyson livestream despite glitches

Published 2024-11-18, 02:14 p/m
Netflix gains after hailing Jake Paul-Mike Tyson livestream despite glitches
NFLX
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Proactive Investors - Netflix Inc (NASDAQ:NFLX) gained on Monday trading after hailing this weekend’s boxing meet between Jake Paul and Mike Tyson, despite facing pressure over glitchy coverage.

Some 60 million households tuned into the fight, Netflix said over the weekend, as Paul, 27, beat 58-year-old former heavyweight champion Tyson via unanimous decision on Friday.

Almost 50 million watched the co-main bout between Katie Taylor and Amanda Serrano, Netflix added, likely making it “the most watched professional women's sporting event in US history”.

Netflix's coverage of the event in Arlington, Texas marked the streaming service's latest bid to venture into live sports, with issues around its broadcasting having threatened to cloud sentiment.

Viewers took to social media to complain over technical faults which prevented them from watching.

Presenter Kate Abdo had also been forced to apologise for issues during the broadcast.

“The paid subscribers should get a credit for not being able to watch the fight,” a comment on an X post by Netflix said.

“Just canceled my Netflix subscription and won’t be returning,” another read.

Shares gained 2.4% on Monday.

Read more on Proactive Investors CA

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