Facebook has certainly dabbled in live sports streams before, but it appears ready to jump in with both feet. Sources for Sports Business Journal claim that Facebook is hiring an executive to negotiate sports deals, and that the eventual recruit will have a budget worth a few billion dollars. That money wouldnt stretch far in the conventional TV world, as Recode observes. However, that represents a gigantic pile of cash for internet-only deals. Amazon paid $50 million for Thurs……Read more
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