So, why doesn't Netflix broadcast live events like sports? The primary reason is that Netflix's business model revolves around on-demand streaming of TV shows and movies. Live broadcasts, especially sports, are a completely different ballgame - they require different licensing, technology, and a lot of money. Furthermore, live sports already have a deep-rooted relationship with traditional broadcasting networks. So, while it may seem like a natural progression for Netflix, it's simply not their focus at this moment.