In this May 2, 2015 file photo, Floyd Mayweather Jr., left, hits Manny Pacquiao, from the Philippines, during their welterweight title fight in Las Vegas. The broadcast of fight was marred by technical snafus and got sucker punched by Internet streamers, exposing the industry’s vulnerabilities. (AP Photo/John Locher, File)

NEW YORK (AP) — It should have been a proud moment for TV: A much-hyped sports event drawing in millions of paying viewers and showcasing the clout still held by traditional media heavyweights.

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