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Benzinga
Benzinga
Business
Chris Katje

Netflix Looks For Home Run With More Live Sports Rights, New MLB Deal

Netflix

Netflix Inc (NASDAQ:NFLX) no longer breaks out its quarterly subscriber count. Instead, the streaming giant highlights advertising growth and revenue diversification opportunities.

Betting on live sports has been among the company's newest strategies for both items. And a new deal with Major League Baseball could help it hit a home run for the company and shareholders.

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