Facebook Decides Against Thursday Night Football Bid

[Facebook] hasn’t shied away from expensive sports rights, and its lack of interest in the NFL Thursday package doesn’t indicate that it’s backing off, said the person, who asked not to be identified discussing private information. The company has streamed live Major League Baseball, Major League Soccer, college football and European soccer games in the past two years. It offered $600 million for the rights to an Indian cricket league, losing out to Fox, and has been boosting its budget for content, including live sports and original shows. – Scott Soshnick / Eben Novy-Williams, Bloomberg Technology http://ift.tt/2rqJgJ5