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 now has live football. Announced earlier this year, Christmas Day marks the beginning of the NFL's expansion onto the popular streaming service, with two games on tap for this year: the Chiefs and Steelers in the opener at 1 p.

Netflix will air two marquee NFL events on Christmas Day, a key test of its technological ability as it doubles down on live event programming.