Netflix is taking a major leap into live sports broadcasting with tonight's highly anticipated boxing match between Jake Paul and Mike Tyson.
This is the streaming giant’s third major live sports event, highlighting Netflix’s strategic move to combine live entertainment with innovative advertising opportunities.
The boxing match follows Netflix’s debut in live sports last year with “The Netflix Cup” and “The Netflix Slam,” showcasing PGA Tour players teaming up with Formula 1 members, and tennis pros respectively.
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Its ad-supported tier currently includes 40 million global monthly active users, and analysts predict that the Tyson vs Paul fight could break viewership records.
As JP Morgan Chase analyst Doug Anmuth told AP News, the ease of access and Netflix’s large global subscriber base could attract "subs, views, and dollars."
“Netflix (NFLX) is increasingly focused on sports entertainment, events, and shoulder content, and we expect a bigger push into live sports over time, particularly as negotiating leverage shifts in NFLX’s direction,” he added.
The Power of Exclusive Content
The Tyson vs Paul match will stream exclusively on Netflix, offering a unique opportunity to attract new ad-tier subscribers to the platform, providing advertisers with opportunities to reach new audiences around the world and boost brand awareness.
“We are thrilled to be sponsoring this historic fight and bringing it to millions of fans around the world.
At MicroTech, we’re passionate about supporting athletes who embody excellence, determination, and the relentless pursuit of greatness— qualities that both Mike Tyson and Jake Paul represent,” said Tony Jimenez, CEO of MicroTech, one of the event sponsors.
The fight attracted high-profile sponsorships from brands like energy drink Celsius, credit reporting service Experian, online sports betting platform DraftKings Sportsbook, Meta Quest, beer brand Spaten Franziskaner Brau (Brazil), and technology company MicroTech.
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According to Variety, the sponsors will be integrated across Netflix’s broader programming ecosystem, with logo placements and in-broadcast custom integrations throughout the four-day event.
Meanwhile, brands have already started to tap into the match's excitement.
For example, Experian, which has utilized influencer marketing before with American football tight end Travis Kelce, sponsors Paul’s "BS w/ Jake Paul" podcast.
Meanwhile, Celsius is hosting a giveaway, in which Jake Paul fans can win a signed Everlast glove, a month's subscription to Netflix, and six cases of Celsius.
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In addition, Matchroom’s undisputed super lightweight world champion Katie Taylor and featherweight champion Amanda “The Real Deal” Serrano will face each other as the co-main event to the Tysen vs Paul match.
This highly anticipated rematch follows their historic 2022 fight, the first-ever women’s bout to headline Madison Square Garden.
With both of these major events taking place on the same day, Netflix can tap into an even broader audience.
Capitalizing on Exclusive Live Sports
Netflix recently announced a surge in its monthly active users to 70 million, with over 50% of new sign-ups coming from its ad-supported plan.
The streaming service also clinched significant partnerships for NFL Christmas Day games, with all available in-game inventory sold out.
It also continues to collaborate with several advertisers, including FanDuel and Verizon.
With its growing presence in live sports, Netflix appears to be on the rise, especially after announcing a reduction in ad prices to under $30, signaling a shift in its advertising strategy.