Facebook, Snapchat could pay millions for World Cup 2018 highlight rights

(credit: Ron Amadeo)

Live sports streaming is a hot commodity for Internet companies, and now some have their sights on the 2018 World Cup. According to a Bloomberg report, Facebook, Twitter, and Snapchat are looking to obtain online streaming rights for World Cup game highlights. Fox Sports is the exclusive rights holder for the 2018 World Cup, to be hosted by Russia, and those social media websites are reportedly bidding tens of millions of dollars for the rights to stream highlights...

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