Facebook ropes in Buzzfeed, Vox and others for its shows to give a tough competition to NETFLIX


Facebook is leaving no stone unturned to become the all in one solution for the internet savvy millennial.

Reports suggest that it has now signed up Vox Media, BuzzFeed, ATTN, Group Nine Media and others, to create original contents for its next big jump to provide video services like Netflix or Hotstar on its platform.

In its upcoming video service, Facebook is going to feature both long and short form content.

While small shows of 5-10 minutes will not be owned by the company; the scripted ones, on the other hand, will be owned by Facebook and are going to be 20-30 minutes long.

Facebook plans to garner sizeable revenue from this new venture through advertisements.

In its upcoming video service, Facebook is going to feature both long and short form content.

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While small shows of 5-10 minutes will not be owned by the company; the scripted ones, on the other hand, will be owned by Facebook and are going to be 20-30 minutes long.

Facebook plans to garner sizeable revenue from this new venture through advertisements.

The short-form content creators will be able to showcase their videos on their own channels or even sell them after Facebook finishes running them exclusively on its platform for a stipulated period of time.

Facebook has recently signed a Major League Baseball deal to broadcast 20 games “live” this season and it currently offers “live” feeds of several news publishers on a daily basis.

The short-form content creators will be able to showcase their videos on their own channels or even sell them after Facebook finishes running them exclusively on its platform for a stipulated period of time.

Facebook has recently signed a Major League Baseball deal to broadcast 20 games “live” this season and it currently offers “live” feeds of several news publishers on a daily basis.

Source: NEWSbyte

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