WSJ News Exclusive | Netflix Explores Investing in Sports Leagues, Bidding on Streaming Rights

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WSJ News Exclusive | Netflix Explores Investing in Sports Leagues, Bidding on Streaming Rights
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Netflix bid on streaming rights for professional tennis as it considers offering live sports on its platform, people familiar with the matter say

Netflix Inc. is warming up to the idea of offering live sports on its platform—as long as it can do so without breaking the bank, according to people familiar with the discussions.

The company recently bid for the streaming rights for the ATP tennis tour for some European countries, including France and the U.K., but dropped out, one of the people said. It also discussed bidding for a series of other events including U.K. rights to the Women’s Tennis Association and cycling competitions, the people said.

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