E148: Did Facebook just change direction?

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What is Facebook’s plan for sport? The social media giant chose not to bid for live NFL rights in the US and recently announced they were backing away from their existing UEFA Champions League and La Liga agreements in Latin America and India, respectively.A recent statement, via Sportico, has made waves: “the reality is that traditional media rights deals like these aren’t compatible with our current video business model. We also don’t think they’ll create the most sustainable value for the ...