Facebook charts sports course, rivals spend on rights

Facebook is backing away from the high-priced market for big-time sports, setting the social network apart from other digital media companies and drawing a line in the sand for the major leagues. Leagues like the NFL and Major League Baseball are increasingly looking to non-traditional broadcasters like Twitter, Amazon and Verizon to help reach viewers who don’t subscribe to cable. Recently, Amazon agreed to pay $50 million for the NFL’s 10 Thursday night games, and Verizon will reportedly pay a...

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