For decades, if you wanted to make it big in boxing, there were two places you had to be—the United States or the United Kingdom. The bright lights of Las Vegas, the electric atmosphere of Madison Square Garden, the packed stadiums of London—this was where the sport’s biggest fights happened, where careers were made, and where the money flowed.

Netflix’s foray into live boxing with the Jake Paul vs. Mike Tyson exhibition fight has sparked debate across the sport. With 60 million reported streams, it was undeniably a massive event, but does it signal the start of a new era for boxing, or has it exposed critical flaws in the streaming model? From the PPV dilemma to piracy, technical reliability, and the sustainability of multimillion-dollar fight purses, Netflix’s big night has raised more questions than it answered.