So Riegg and Bela Bajaria, another longtime TV executive who joined Netflix around the same time and is now its chief content officer, began making the case around Netflix for why it should invest in the tech required to make live content work.

Netflix will have one of its biggest days since the site launched in 1998 when it carries two NFL games for the first time on Christmas.

The streamer's shares could bounce if the Christmas Day show goes off without a hitch. Investors should stay on the sidelines.

The Baltimore Ravens and Houston Texans played on Saturday to help kick off Week 16. Both AFC contenders will be back on the field for a Wednesday afternoon Christmas Day special

Netflix struggled to handle an influx of traffic during November's boxing match between Mike Tyson and Jake Paul. That has some NFL fans worried.

The analyst believes each NFL Christmas Day game could bring in $75 million in advertising revenue for a total of $150 million. The $150 million from advertising would be equal to the reported $150 million Netflix is paying for the rights, making the games a "free acquisition tool," according to Helfstein.

The Kansas City Chiefs will play at Pittsburgh at noon Christmas Day on the first-ever NFL game broadcast exclusively on Netflix. Here's what that means for viewers. Netflix will have one of its biggest days Wednesday since the site launched in 1998 when it airs two NFL games for the first time.

Netflix is planning to provide plenty of gifts for viewers of its two Christmas Day games, including Mariah Carey kicking it all off with a taped performance of “All I Want for Christmas is You.” Yet,