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for livestreams, individual events like the Olympics probably has a surge audience of 10x of netflix events.

Netflix events is small potatoes compared to other livestream stalwarts.

Imagine having to stream a cricket match internationally to UK / India / Australia with combined audience that crushes the Superbowl or a football match to all of Europe, or even something like livestreaming F1 racing that has multiple magnitudes of audience than a boxing match and also has 10x the number of cameras (at 8K+ resolution) across a large physical staging arena (the size of the track/course) in realtime, in addition to streaming directly from the cockpit of cars that are racing 200mph++.

Livestream focused outfits do this all day, everyday.

Netflix doesn't even come close to scratching the "beginner" level of these kinds of live events.

It's a matter of competencies. We wouldn't expect Netflix to be able to serve burgers like McDonald's does - Livestreaming is a completely different discipline and it's hubris on Netflix's part to assume just because they're good at sending video across the internet they can competently do livestreaming.



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