Why doesn't Netflix offer live events (i.e sports)?

Netflix is one of the world's largest streaming services, yet does not offer live events and sports. This is because it would be difficult for the company to secure rights to major sporting events due to their already existing contracts with other broadcasters. Furthermore, the cost of acquiring these rights and streaming them to a global audience would be too expensive. Additionally, the technology and infrastructure needed to live stream sporting events is not something Netflix currently has in place. Lastly, Netflix is focused on other aspects of its business, such as creating and streaming original content. Therefore, it is unlikely that Netflix will begin offering live sports anytime soon.

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