Despite persistent rumors and reports that the streaming giant could enter the very expensive world of exclusive live sports broadcasting rights, Netflix continues to move in other directions. Co-CEO Ted Sarandos confirmed that live sports are still not part of the company’s current content strategy during a speech at the UBS Global Technology, Media & Telecom Conference on Tuesday.
Sarandos said Netflix hasn’t “seen a profit path” from “renting big-league sports,” during the keynote, via Deadline. He did not shut down the idea altogether for Netflix, but it does not sound as if it’s on the horizon.