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Thndr Claps » U.S. Claps » Entertainment 🎭 » Streaming giants eye target acquisitions👀

Streaming giants eye target acquisitions👀

by Shams Abbas
April 8, 2022

The Clap
Streaming giants Netflix, Amazon, & Disney’s next streaming acquisitions could come in the form of niche sports such as WWE, Formula 1, & UFC.

Backstory
In 2016, Disney hinted at the possibility of acquiring a sports league. The company came close to buying the UFC but then scrapped the idea & acquired Pixar, Lucasfilm & Marvel.

A couple of years later Disney’s ESPN bought the rights for the UFC until 2025.

Why this matters
Rather than relying on multi-year rights contracts that lead to recurring bidding wars, owning a league can solidify branding & reduce subscriber churn.

While acquiring a major league such as the NFL, NBA, or the MLB has proved to be a difficult feat, owning a niche sports league like the UFC, Formula 1, & WWE is well within the reach of these streaming giants.

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