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MissionIR

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MissionIR

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Friday, 12/08/2017 5:28:36 AM

Friday, December 08, 2017 5:28:36 AM

Post# of 49386
Facebook To Spend Billions On Sports Streaming

http://dtn.fm/MQbq7

Facebook (NASDAQ:FB) is hiring an executive to negotiate sports deals, according to the Sports Business Journal, and has been interviewing candidates for a lengthy period.

Whoever gets the job will reportedly have a budget of "a few billion dollars" for Internet-only sports streaming deals.

While that won't stretch far in the conventional TV world, it could still be used to acquire multiple streaming licenses.



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