Facebook, Twitter Are Said to Seek World Cup Clips From Fox
- Companies are offering tens of millions for selected rights
- A deal could help Fox boost revenue and defray broadcast costs
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Facebook Inc., Twitter Inc. and Snap Inc. are seeking online rights to video highlights from next year’s World Cup, soccer’s most popular tournament, according to two people familiar with the matter.
The companies have offered 21st Century Fox Inc. tens of millions of dollars for rights to highlights from the Russia-hosted games that air in the U.S., according to the people, who declined to provide more specific terms and asked not to be identified because the talks are private. Fox hasn’t decided whether to sell exclusive rights to one buyer or to spread them around.