This Week in Startups

TWiST News: Netflix Goes Live, The FCC Revamp, Free Speech, and Regulatory Shifts | E2046

Nov 19, 2024
The hosts dive into Netflix's challenges with live sports streaming, discussing a notable boxing disappointment during a high-profile fight night. They explore the shifting dynamics in sports broadcasting, including implications for betting and subscription versus ad-based revenue models. The conversation shifts to the new FCC chair's controversial stance on social media regulation and free speech. Finally, they contemplate the potential impact of Emile Michael leading the Department of Transportation, emphasizing the need for business-savvy leadership in government.
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ANECDOTE

Netflix's Live Event Issues

  • Netflix's live stream of the Mike Tyson vs. Jake Paul fight experienced technical difficulties, including error codes and poor picture quality.
  • Many users reported a "red spinning wheel of death."
INSIGHT

Viewership Numbers

  • Despite technical issues, the fight was a success for Netflix, with about 60 million households tuning in.
  • The women's undercard fight drew a massive 50 million households, possibly the most streamed women's sporting event ever.
ANECDOTE

Fight's Authenticity

  • Jason Calacanis believes the Mike Tyson vs. Jake Paul fight was a "fraud" because Jake Paul appeared to hold back.
  • Calacanis suggests this was evident in Paul's post-fight comments about not wanting to embarrass Tyson.
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