Netflix fascinated with buying rights to broadcast F1 within the US : PlanetF1

Netflix reportedly wished to achieve the rights to broadcast Components 1 in the US however had been crushed by ESPN.

The streaming service has a protracted reference to the game having made their documentary collection Drive to Survive since 2019 and such has been the recognition of the present that Netflix are reportedly seeking to improve their involvement.

In keeping with the Wall Road Journal, Netflix was fascinated with buying the published rights for Components 1 in the US however misplaced out to ESPN.

It might not be the primary time a streaming service has made a foray into sports activities with Amazon’s Prime service displaying soccer, tennis and the NFL.

Final month, Components 1 introduced it had agreed a brand new cope with ESPN to increase their current contract by three years. ESPN has been the house of US F1 since 2018.

However with an elevated give attention to the US market from F1, Netflix seem to wish to get in on the motion. Whereas they don’t launch streaming numbers, Drive to Survive is claimed to be one among their hottest exhibits and has been renewed for an extra two seasons.

It’s not simply Components 1 that Netflix is open to buying the rights to with the Wall Road Journal additionally reporting an curiosity within the UK and France rights to the ATP tennis tour in addition to the correct to the Girls’s Tennis Affiliation within the UK.

Netflix additionally imagine they will use their platform, which has greater than 220 million subscribers, to permit fewer mainstream sports activities to achieve a brand new viewers. In that regard, the corporate was in talks to purchase the World Surf League final yr however discussions broke down.

With F1’s US residence secured for the subsequent three years, it appears Netflix should wait some time to get one other shot and deposing ESPN.

It has been the season of renewals for Components 1 with the game additionally asserting a brand new cope with Sky Sports activities. Because the broadcaster for the UK, Eire, Germany and Italy in addition to offering commentary for the worldwide feed, the Sky Sports activities contract is the important thing broadcasting deal for F1.

On the finish of September, each events introduced an extension to the deal which can now run till 2029.

International curiosity in Components 1 has elevated massively lately and the game has acknowledged that within the UK alone, viewership has been up by 60% since 2019. The typical viewership for the 2022 season is 1.7 million and of the 4.3 million new viewers to Sky Sports activities F1, 1.7 million had been girls.

There has additionally been a steep rise within the US with 2.6 million viewers tuning in to observe the inaugural Miami Grand Prix in Could and greater than 400,000 individuals in attendance for the US Grand Prix held final month. With Las Vegas set to debut subsequent season, that quantity appears solely more likely to rise.

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