(MENAFN) Both Facebook and Twitter are competing to purchase rights to stream conventional TV programming, based on recent reports.
The social media giants have advanced programmers about a deal, hinting that they're anxious to tap into a new encouraging domain.
Facebook, which is already in talks with the National Football League, has met with a wide range of TV executives over the past few weeks.
"Our goal with live video is to work with our partners to move to a sustainable monetization model quickly," Facebook said in a statement.
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