Facebook produces its own series

in #economy7 years ago

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According to the Wall Street Journal, representatives of the social network currently meet with executives from Hollywood studios, and with representatives of actors
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Facebook began producing series and contest programs to broadcast on the social network, it told AFP on Monday, confirming information from the Wall Street Journal, a trend that many large internet companies point to.

These partners 'experiment with programs in which you can build a community, from sport to humor through reality TV and televised games,' according to Facebook.

At the moment, the design of these programs is financed directly by Facebook, 'but over time we want to help many creators to make videos funded by a system of revenue sharing such as Ad Break,' a software that allows you to insert advertising content Broadcast live on the social network.

According to the economic daily, Facebook is willing to spend up to three million dollars per episode produced, the budget of a high-quality program for cable television in the United States.
The Californian giant plans to bring the first programs online by the end of the summer. The development of own content is a trend among the main Internet actors, who for a long time only opened their platforms to programs produced by others.
Netflix, Amazon and the online television platform Hulu

(Joint venture of Disney, Comcast, 21st Century Fox and Time Warner), turned to this option, followed more recently by YouTube and Apple, on a more modest scale.

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