Netflix is paying the NFL $150 million for two Christmas Day games in 2024. This is a no-brainer for Netflix. It will help the company reduce its industry-leading 2% churn rate while providing premium advertising inventory to support its new ad-supported offering. But the real winner is the NFL. The NFL recently signed a string of TV deals worth $110 billion over 11 years, but they can opt out of these deals after the 2029 season. And by adding more premium inventory (think Christmas Day & Black Friday) combined with more bidders (Netflix, etc.) they could secure another $100 billion-plus payday. Watch the full breakdown! #sports #sportsbiz #nfl