NETFLIX ENTERS NFL MARKET, RAISING COSTS FOR FANS TO WATCH EVERY GAME
Matt Case - May 15th, 2024 - 1:19pm PDT
Netflix Enters NFL Market, Adding to the High Cost for Fans to Watch Every Game
Netflix has taken a significant step into the sports broadcasting arena by securing the rights to air two NFL games on Christmas Day, part of a three-year deal that will see the streaming giant broadcast at least one game annually through 2026. This move makes Netflix the latest addition to a growing list of streaming services that offer NFL games, increasing the overall cost for fans who want to watch every match.
You can’t spell Netflix without “NFL”
— Netflix (@netflix) May 15, 2024
Netflix will be the home to watch the NFL’s 2024 Christmas Day games LIVE! https://t.co/uzZVLUhNjt pic.twitter.com/BIy8FUV5NW
MarketWatch recently analyzed the costs associated with viewing all NFL games this season, revealing that fans would need to spend approximately $1,610. This figure includes expenses for cable TV or a YouTube TV subscription, NFL Sunday Ticket, Amazon Prime Video, Peacock, ESPN+, NFL+, and Netflix.
Breaking down the costs, cable TV for network games is estimated at $876 annually. NFL Sunday Ticket, available through YouTube TV, adds another $389. An Amazon Prime Video subscription costs $139 per year. ESPN+ is the priciest streaming option at $99 annually, while Peacock and NFL+ are relatively cheaper at $60 and $40, respectively. A monthly Netflix subscription, required for the new Christmas Day games, is $7.
Kansas City Chiefs defensive end George Karlaftis (56) beats San Francisco 49ers tight end George Kittle (85) to a first-quarter fumble by the 49ers during Super Bowl LVIII on Feb. 11, 2024, in Las Vegas. (Emily Curiel/The Kansas City Star/Tribune News Service via Getty Images)
While fans can attempt to mitigate these costs through free trials and short-term subscriptions, the distribution of games across various platforms is designed to retain subscribers. Unlike Netflix's one-time Christmas Day arrangement, Thursday night games are available on Amazon Prime throughout the season. Peacock will exclusively broadcast three games this season, including the NFL's first regular-season game in Sao Paulo, Brazil, a regular-season matchup in September, and a playoff game in January.
Netflix's NFL deal is part of its broader strategy to become a hub for live sporting events. The platform recently announced that it will host WWE's flagship show, Monday Night Raw, starting in 2025 and will exclusively air a high-profile boxing match between Jake Paul and Mike Tyson in July.
This expansion into live sports marks a new era for Netflix, but it also underscores the increasing financial burden on fans who wish to follow all NFL games.