OG Business: Netflix's Invisible Home Run Derby | MLS Dropped World Cup Ball | Schefter’s ESPN Value

The baseline strategy for global streaming platforms has officially been rewritten, and it is entirely driven by fear of a single competitor: YouTube. On this edition of OG Business, Joe Ovies and Demetri Ravanos lead off with the bizarre debut of the MLB Home Run Derby exclusively on Netflix. Despite paying a massive premium to enter the live sports ecosystem, Netflix’s presentation felt completely invisible to the casual sports fan. So why is Netflix reversing its historical stance to sprint into live sports, video podcasts, and vertical video interfaces? It is a direct defensive scramble against YouTube’s absolute monopoly on time spent on consumer screens. However, the guys argue the entire pivot is doomed to fail unless Netflix abandons its stubbornness and introduces a completely free, ad-supported tier. OG Membership Channel: https://www.youtube.com/channel/UC1Qpevj6hElebdWc2SSGkWw/join Then, the conversation transitions to the pitch, where Major League Soccer is actively dropping the ball. With the World Cup currently taking over the continent, MLS has completely failed to capitalize on the single greatest domestic soccer moment in modern history due to restrictive streaming walls. From the pitch to the octagon, the guys evaluate Conor McGregor’s latest high-profile UFC rug pull and what it means for Endeavor's long-term pay-per-view metrics. Plus, they audit the sports media ledger to ask the definitive financial question: exactly how much value does a transactional titan like Adam Schefter bring to ESPN's bottom line, and are newsbreakers worth the massive check? Finally, they bring it back home to the Triangle, sorting through the latest broadcast speculation surrounding the reigning Stanley Cup champion Carolina Hurricanes. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.