Tuesday, July 22, 2025
No Result
View All Result
Indonesia Sentinel
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
No Result
View All Result
Indonesia Sentinel
No Result
View All Result
ADVERTISEMENT
Home Economic

Netflix Stock Rises After Tyson-Paul Fight Live Stream Draws Millions of Viewers

by Raidi
2024-11-23
in Economic
A A
Netflix Stock

Pinterest

Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

Jakarta, Indonesia Sentinel — Netflix stock (NFLX.O) continued their upward trajectory following the platform’s exclusive live broadcast of the highly anticipated boxing match between Jake Paul and Mike Tyson. The fight, aired on November 15, 2024, at 8:00 p.m. local time, drew 108 million viewers worldwide, signaling a significant milestone for Netflix’s venture into live sports.

According to Reuters, Netflix stock has seen substantial gains since the announcement of the event. Netflix shares closing at $899.06 (Rp14.27 million) on Friday, November 22, a modest 0.2% increase from the previous day.

While this marks a slight decline from its intraday record high of $908 (Rp14.41 million) achieved on Thursday, November 21, the stock has still surged 9% over the course of the week, reflecting strong investor confidence.

RelatedPosts

Indonesian Tea Turns Out to Be Popular in US and Russian Markets

Can a 12% VAT Propel Indonesia’s Economy Forward?

The recent surge in Netflix’s stock has prompted several brokerage firms to raise their price targets for the company. Among them, analysts at BofA Global Research and Jefferies now predict that Netflix shares could climb to $1,000 this week, reflecting growing confidence in the streaming giant’s growth strategy.

ADVERTISEMENT

Overall, Netflix’s stock has soared approximately 85% year-to-date, underscoring the company’s strong performance. The live broadcast of the highly anticipated Tyson-Paul boxing match has proven to be one of Netflix’s most successful initiatives, significantly boosting its market value.

“Netflix is flexing its streaming capabilities with selective live sports events that resonate with its global subscriber base,” said Kenneth Leon, senior equity analyst at CFRA Research.

Live Sports Debut

The live streaming of the Tyson-Paul fight represents a significant shift from its established on-demand content model. While the event generated record-breaking viewership and positive market sentiment, it also exposed technical vulnerabilities.

The hashtag #NetflixCrash trended on social media during the fight, as over 500,000 users reported outages during the live stream. Netflix acknowledged these issues and reassured viewers that it is working to resolve them before its next major live sports event: a Christmas Day NFL doubleheader.

Combat Online Gambling: Government Partners with Google, Meta and TikTok to Remove Keyword

The NFL event will serve as a critical test of Netflix’s ability to deliver a seamless viewing experience under even greater demand. While The Tyson-Paul fight provided a strong proof of concept, the NFL games will be a litmus test for Netflix’s capacity to handle large-scale live broadcasts.

The success of the Tyson-Paul fight has sparked optimism about Netflix’s potential to carve out a niche in live sports. The move aligns with the platform’s broader strategy to diversify its offerings and attract new subscribers in an increasingly competitive streaming landscape.

As Netflix navigates this uncharted territory, the platform’s ability to overcome technical challenges and replicate its success with future events will determine whether live sports becomes a cornerstone of its growth strategy.

 

(Raidi/Agung)

 

Tags: Live StreamMike TysonnetflixNetflix StockSportsStock
ADVERTISEMENT

Related Posts

Indonesia Continue Negotiations with U.S., Secure 0% Import Tariffs on Several Essential Commodities

2025-07-22

Jakarta, Indonesia Sentinel -- The Indonesian government is continuing negotiations with the United States in an effort to secure zero...

Trump Tariffs

Indonesia to Buy 50 Boeing in a Deal to Avoid Trump 32% Tariffs

2025-07-22

Jakarta, Indonesia Sentinel -- Indonesia has agreed to purchase 50 Boeing aircraft from the United States as part of a...

Benchmark Interest Rate

Bank Indonesia Cuts Benchmark Interest Rate to 5,25% in July 2025

2025-07-21

Jakarta, Indonesia Sentinel -- Bank Indonesia has decided to lower its benchmark interest rate, known as the BI Rate, by...

Trump Tariff

Trump Announces 19% Tariff on Indonesian Imports, While U.S. Gains Full Access to Indonesian Resource

2025-07-17

Jakarta, Indonesia Sentinel -- U.S. President Donald Trump announced a new 19% import tariff on goods from Indonesia on Tuesday...

E-Commerce Tax

Indonesia Mandates E-Commerce Platforms to Collect Income Tax from Online Sellers

2025-07-16

Jakarta, Indonesia Sentinel -- Indonesia’s Finance Minister Sri Mulyani Indrawati has officially issued a regulation requiring e-commerce platforms to collect...

coal benchmark price

Indonesia Set July Coal Benchmark (HBA) Price at $107.35 per metric ton, Raises Nearly 9%

2025-07-15

Jakarta, Indonesia Sentinel -- Indonesia’s government has raised its coal benchmark price (Harga Batubara Acuan or HBA) for the first...

Tariff Negotiations

Indonesia to Resume Tariff Negotiations with U.S. Following 32% Reciprocal Tariff

2025-07-11

Jakarta, Indonesia Sentinel -- Indonesia is set to resume trade negotiations with the United States over the next three weeks,...

Copper Imports Tariff

Trump Proposes 50% Tariff on Copper Imports, Sending Prices to Record Highs

2025-07-11

Jakarta, Indonesia Sentinel -- President Donald Trump announced plans Tuesday to impose a 50% tariff on all copper imports into...

2026 Macroeconomic Assumptions

Indonesia Sets 2026 Macroeconomic Assumptions for Draft State Budget

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia’s government and parliament have agreed on the 2026 Macroeconomic Assumptions, which will serve as the...

Indonesia Foreign Reserves

Indonesia Foreign Reserves Rise to $152.6 Billion in June, Central Bank Reports

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia foreign exchange reserves rose slightly to $152.6 billion at the end of June 2025, according...

Load More
Next Post
Minimum Wage

Indonesia’s Minister of Manpower Targets Minimum Wage Guidelines for 2025 Release in November

Popular

  • Mentawai Tribe

    Mentawai Tribe Tooth Sharpening Tradition as a Symbol of Beauty, Culture, and Sacrifice

    0 shares
    Share 0 Tweet 0
  • Suku Mante, Mysterious Tribe Living in the Vast Forests of Aceh

    0 shares
    Share 0 Tweet 0
  • Indonesia’s Life Expectancy Rises to 74.15 Years in 2024, Statistics Agency Reports 

    0 shares
    Share 0 Tweet 0
  • Indonesia Boasts an Outstanding Number of Islands, How Many?

    0 shares
    Share 0 Tweet 0
  • History of Jakarta Fair

    0 shares
    Share 0 Tweet 0

Recommended

Ministry of Agriculture: National Rice in Safe Condition

Ministry of Agriculture: National Rice in Safe Condition

3 years ago
Mount Lewotobi Eruption

Flights to Bali Disrupted due to Mount Lewotobi Eruption, Where Should Travelers Go?

8 months ago
ADVERTISEMENT

Indonesiasentinel.com is an independent online news portal committed to providing accurate, in-depth, and up-to-date news about Indonesia. Since 2021, we have been a trusted source for millions of readers seeking relevant and reliable news.

Part of:

Information Page

  • About
  • Editorial
  • Privacy Policy
  • Disclaimer
  • About
  • Editorial
  • Privacy Policy
  • Disclaimer

Contact

  • contact@indonesiasentinel.com
© 2021 Indonesia Sentinel

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science

© 2024 Indonesia Sentinel