News Corp's (NASDAQ:NWS) Fox and Time Warner's (NYSE:TWX) Turner networks extend their contracts...

News Corp's (NASDAQ:NWS) Fox and Time Warner's (NYSE:TWX) Turner networks extend their contracts to televise Major League Baseball until 2021, with Bloomberg reporting that the broadcasters have agreed to pay a combined $6.8B. The contracts allow Fox and Turner to stream games live via the Internet to viewers who already subscribe to a pay TV service.