I'm shocked that they haven't started streaming women's football (soccer). It's growing like crazy and compared to the men's game it's extremely cheap.

That would be just momentary money throughput, there would be zero long tail accumulation. Redistributing sports is a "now" business without any story about why tomorrow will be golden to tell investors. If you lose money today streaming sports you will lose money tomorrow, because there is no way to assume that right holders will ever agree to better conditions. Every growth you may have will just be absorbed by them. It might still be a path for a bootstrapping streamer, but for an investment heavyweight like Netflix it would just dilute growth potential.

To be fair. Their soon to be largest competitor, Disney+, parent company Disney does $3B+ profit per quarter. And $15B+ revenue per quarter. This is before their additional Fox profits and revenue they’ll get. So soon they’ll be even more of a mammoth compared to Netflix.

$1.4Billion a month in revenue is about what Disney makes in profit. Disney+ is going to be Netflix’s largest competitor. They have decades of evergreen content and now they have Fox’s library.