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Netflix hopes Mike Tyson-Jake Paul fight will deliver a streaming knockout

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Netflix hopes Mike Tyson-Jake Paul fight will deliver a streaming knockout

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Mike Tyson, left, and Jake Paul faced off in the live bout on FridayNetflix’s push into streaming live events was put to its biggest test on Friday with the boxing match-up between former heavyweight champion Mike Tyson and Jake Paul, a YouTube influencer who became a professional fighter in 2020.

The bout, which was won by Paul, 27, who beat Tyson, 58, on points, was available to all of Netflix’s 280mn subscribers at no extra charge, a departure from the expensive pay-per-view or premium TV packages that have long been associated with professional boxing. 

Boxing used to be a lucrative business for the pay-TV networks HBO and Showtime, but both exited the sport as its popularity declined. 

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For Netflix, the Tyson-Paul bout was aimed at attracting new subscribers — particularly to its advertising-supported service, analysts say. The company’s ad tier, launched in late 2022, has about 70mn subscribers. 

The boxing “megaevent . . . should boost audience engagement and attract advertising-tier subscribers, viewers and dollars”, analysts at JPMorgan said.  

On social media, some fans complained about buffering problems during the fight. The website Down Detector reported that more than 84,000 viewers reported problems.

The unusual bout featuring Tyson, the fiercest and most controversial boxer of his generation, and Paul, a brash social media star, appeared to be part of a strategy to target younger male viewers. In January, Netflix signed a $5bn, 10-year deal with World Wrestling Entertainment’s weekly Raw programme in the US, by far the group’s biggest foray into streaming live events. 

Netflix has had success with what it calls “sports-adjacent” programming, including documentaries such as Formula 1: Drive to Survive and Beckham. But it is starting to feature more live sporting events, including a planned National Football League game on Christmas Day — prompting speculation on Wall Street that it plans to eventually secure a rights deal with a major sports league.

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Ted Sarandos, co-chief executive, has tried to damp the speculation, saying Netflix does not want to enter a typical sports rights deal in which most of the financial benefit goes to a league.  

“Where we can really differentiate and outcompete everybody is in the storytelling of sports, the drama of sports,” Sarandos said on an earnings call earlier this year. 

Netflix’s position contrasts with its streaming rivals, including Amazon Prime, Apple TV and Google’s YouTube, which gobbled up sports professional sports rights — Amazon has NFL’s Thursday Night Football, Apple hosts Major League Baseball’s Friday Night Baseball and YouTube is the home of the NFL’s Sunday Ticket roster of games. But analysts at Morgan Stanley have said they expect Netflix to eventually enter the competition for sports rights as traditional TV networks decline and existing deals with major US sports leagues expire by 2030. 

Netflix began experimenting with live programming last year with a comedy special by Chris Rock, which faced technical problems. It has also live-streamed the SAG awards and a “roast” of retired American football star Tom Brady.  

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Map: 4.9-Magnitude Earthquake Shakes Louisiana

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Map: 4.9-Magnitude Earthquake Shakes Louisiana

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown.  All times on the map are Central time. The New York Times

A light, 4.9-magnitude earthquake struck in Louisiana on Thursday, according to the United States Geological Survey.

The temblor happened at 5:30 a.m. Central time about 6 miles west of Edgefield, La., data from the agency shows.

U.S.G.S. data earlier reported that the magnitude was 4.4.

As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S. scientists to update the shake-severity map.

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Source: United States Geological Survey | Notes: Shaking categories are based on the Modified Mercalli Intensity scale. When aftershock data is available, the corresponding maps and charts include earthquakes within 100 miles and seven days of the initial quake. All times above are Central time. Shake data is as of Thursday, March 5 at 8:40 a.m. Eastern. Aftershocks data is as of Thursday, March 5 at 10:46 a.m. Eastern.

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Donald Trump has no ‘phase two’ plan for Iran war, says US senator

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Donald Trump has no ‘phase two’ plan for Iran war, says US senator

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Man accused of plot to assassinate Trump testifies Iran pressured him, says Biden and Haley were other possible targets

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Man accused of plot to assassinate Trump testifies Iran pressured him, says Biden and Haley were other possible targets

The allegation sounded like the stuff of spy movies: A Pakistani businessman trying to hire hit men, even handing them $5,000 in cash, to kill a U.S. politician on behalf of Iran ‘s powerful paramilitary Revolutionary Guard.

It was true, and potential targets of the 2024 scheme included now-President Donald Trump, then-President Joe Biden and former presidential candidate and ex-U.N. Ambassador Nikki Haley, the man told jurors at his attempted terrorism trial in New York on Wednesday. But he insisted his actions were driven by fear for loved ones in Iran, and he figured he’d be apprehended before anything came of the scheme.

“My family was under threat, and I had to do this,” the defendant, Asif Merchant, testified through an Urdu interpreter. “I was not wanting to do this so willingly.”

Merchant said he had anticipated getting arrested before anyone was killed, intended to cooperate with the U.S. government and had hoped that would help him get a green card.

U.S. authorities were, indeed, on to him – the supposed hit men he paid were actually undercover FBI agents – and he was arrested on July 12, 2024, a day before an unrelated attempt on Trump’s life in Butler, Pennsylvania.  During a search, investigators said they found a handwritten note that contained the codewords for the various aspects of the plot, CBS News previously reported

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Merchant did sit for voluntary FBI interviews, but he ultimately ended up with a trial, not a cooperation deal.

“You traveled to the United States for the purpose of hiring Mafia members to kill a politician, correct?” Assistant U.S. Attorney Nina Gupta asked during her turn questioning Merchant Wednesday in a Brooklyn federal court.

“That’s right,” Merchant replied, his demeanor as matter-of-fact as his testimony was unusual.

The trial is unfolding amid the less than week-old Iran war, which killed Iranian Supreme Leader Ayatollah Ali Khamenei in a strike that Trump summed up as “I got him before he got me.” Jurors are instructed to ignore news pertaining to the case.

The Iranian government has denied plotting to kill Trump or other U.S. officials.

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Merchant, 47, had a roughly 20-year banking career in Pakistan before getting involved in an array of businesses: clothing, car sales, banana exports, insulation imports. He openly has two families, one in Pakistan and the other in Iran – where, he said, he was introduced around the end of 2022 to a Revolutionary Guard intelligence operative. They initially spoke about getting involved in a hawala, an informal money transfer system, Merchant said.

Merchant testified that his periodic visits to the U.S. for his garment business piqued the interest of his Revolutionary Guard contact, who trained him on countersurveillance techniques.

The U.S. deems the Revolutionary Guard a “foreign terrorist organization.” Formally called the Islamic Revolutionary Guard Corps, the force has been prominent in Iran under Khamenei.

Merchant said the handler told him to seek U.S. residents interested in working for Iran. Then came another assignment: Look for a criminal to arrange protests, steal things, do some money laundering, “and maybe have somebody murdered,” Merchant recalled.

“He did not tell me exactly who it is, but he told me – he named three people: Donald Trump, Joe Biden and Nikki Haley,” he added.

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In 2024, multiple sources familiar with the investigation told CBS News Merchant planned to assassinate current and former government officials across the political spectrum.

Merchant allegedly sketched out the plot on a napkin inside his New York hotel room, prosecutors said, and told the individual “that there would be ‘security all around’ the person” they were planning to kill.

“No other option”

After U.S. immigration agents pulled Merchant aside at the Houston airport in April 2024, searched his possessions and asked about his travels to Iran, he concluded that he was under surveillance. But still he researched Trump rally locations, sketched out a plot for a shooting at a political rally, lined up the supposed hit men and scrambled together $5,000 from a cousin to pay them a “token of appreciation.”

This image provided by the Justice Department, contained in the complaint supporting the arrest warrant, shows Asif Merchant. 

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AP


He even reported back to his Revolutionary Guard contact, sending observations – fake, Merchant said – tucked into a book that he shipped to Iran through a series of intermediaries.

Merchant said he “had no other option” than to play along because the handler had indicated that he knew who Merchant’s Iranian relatives were and where they lived.

In a court filing this week, prosecutors noted that Merchant didn’t seek out law enforcement to help with his purported predicament before he was arrested. He testified that he couldn’t turn to authorities because his handler had people watching him.

Prosecutors also said that in his FBI interviews, Merchant “neglected to mention any facts that could have supported” an argument that he acted under duress.

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Merchant told jurors Wednesday that he didn’t think agents would believe his story, because their questions suggested “they think that I’m some type of super-spy.”

“And are you a super-spy?” defense lawyer Avraham Moskowitz asked.

“No,” Merchant said. “Absolutely not.”

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