Facebook is paying between $10,000 and $250,000 for its own TV shows (FB)
|05/24/2017||Posted by BusinessMediaguide.Com under General World News||
Facebook has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources familiar with the situation.
Facebook is planning two tiers of video entertainment: scripted shows with episodes lasting 20 to 30 minutes, which it will own; and shorter scripted and unscripted shows with episodes lasting about 5 to 10 minutes, which Facebook will not own, according to the sources.
The world’s biggest social media company is set to pay up to $250,000 read more >>>