Facebook wants to bankroll its own original shows

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Facebook moves toward funding original scripted shows


Facebook moves toward funding original scripted shows
- You could start seeing original shows on Facebook.Mashable confirmed the tech giant is working on funding its own entertainment content.SEE ALSO: Everyone hates Facebook's 'Year in Review,' not just youThe company, which has spent the bulk of 2016 promoting and pushing Facebook Live, hopes to "kickstart" content for its recently created video tab, Facebook Head of Global Creative Strategy Ricky Van Veen said in a statement.
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Facebook exploring creation of its own original video content


Facebook exploring creation of its own original video content
- Facebook is looking into the possibility of buying its own video content from creative partners, including original scripted and unscripted shows, as well as sports.The desire is to help "kickstart" an overall "ecosystem of partner content," according to College Humor co-founder and recent Facebook team employee Ricky Van Veen speaking to Recode.This isn't entirely new territory for Facebook; the company has done deals with media organizations that provides them revenue in exchange for using its Facebook Live video broadcasting platform, for instance.
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Why Facebook is investing in original and licensed video


Why Facebook is investing in original and licensed video
- Facebook wants to dip its toes into original and licensed video at a time when brands are increasingly seeking digital video advertising opportunities.The Interactive Advertising Bureau said advertisers are spending more than $10 million a year in the U.S. on the category, up 85 percent from just two years ago.The advertising community surveyed expressed "robust spend optimism" on increasing the budget for digital video ads, whereas most of the same people expected to maintain TV ad spend levels.
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Facebook wants to bankroll its own original shows


Facebook wants to bankroll its own original shows
- Facebook wants to bankroll its own original video shows, the company's global creative strategy chief, Ricky Van Veen, told Business Insider on Wednesday.The videos Facebook wants to license will live in the new video tab of its mobile app and including "scripted, unscripted, and sports content," according to Van Veen.Recode's Peter Kafka first reported the news.
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