Facebook Buys Television rights

Facebook bought the television rights for the 2019-2022 Copa Libertadores on Friday, adding South America’s premier club competition to a growing list of football tournaments in their broadcast portfolio.

The social media network bought exclusive rights to transmit Thursday night games in South America’s equivalent of the UEFA Champions League, as well as shared rights to broadcast games played on Tuesdays and Wednesdays, the South American Football Confederation (CONMEBOL) said.

Thursday’s agreement covers all CONMEBOL’s 10 member nations, with the other days including games broadcast in Hispanic nations but not South America’s single largest market, Portuguese-speaking Brazil.