-Facebook, Twitter And Snape Are Seeking Rights

Jul

6

2017

To Broadcast Footage Of The 2018 World Cup
Bloomberg reported that Facebook , Twitter and Snape were seeking rights to broadcast online videos from Twenty-First Century Fox for the 2018 World Cup.

Bloomberg, quoting two people familiar with the matter, said the companies had offered tens of millions of dollars for rights to video footage of the tournament hosted by Russia and will also be broadcast in the United States.

Fox will retain the rights to use the World Cup headlines and provide the most competitive events through its offers, the agency said in its report released on Thursday.

Social media companies have reinforced their focus on signing live deals for sports competitions as the youth audience increasingly relies on the Internet to watch sports and abandon traditional cable services.

Fox Sports Sports said last month it had signed a partnership with Facebook that would allow the social networking company to broadcast the Champions League for 2017 and 2018.

Bloomberg said increased interest in social media, including sports, gives Fox a new potential source of revenue from games, as well as a tool to boost coverage

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In: Technology & Gadgets Asked By: [17511 Red Star Level]

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