Report: Facebook to Pay Hollywood Millions for Original ShowsIt's apparently offering up to $3 million per episode.
ByCherlynn Low•
This story originally appeared onEngadget
Facebook is very serious about itsoriginal programmingambitions -- $3 million per episode serious. According to aWall Street Journalreport, the tech giant is courting Hollywood agencies for original scripted TV shows, in some cases offering up to $3 million per episode. It's also keen on procuring less-expensive productions that would cost hundreds of thousands each episode to make. TheJournal'ssources said that Facebook has set late summer as atentative launch window, and that it hopes to reachaudiences aged 13 to 34.
In particular, the company is reportedly focusing on those aged between 17 and 30, and is therefore looking for shows like ABC'sPretty Little Liars, ScandalorThe Bachelor. We're already expecting abouttwo dozen titlesfrom the social network when it launches its programming lineup, includingreality showLast State Standing.
We've yet to hear back from Facebook on this, and the company has kept mum about previous rumors. TheJournal'sreport falls in line with everything we've heard so far on the social network's push into original content, though. Last year, Facebook offeredmedia companies millions of dollarsto stream live content on its website.
The focus on high-end content could help Facebook better take on its rivals like Snapchat and, to a lesser extent, Twitter. Snapchat already has a large stable of original content coming from major names in entertainment, includingDisney,MTV,MGM,Time WarnerandA&E. But Snapchat shows are of a different format -- each episode lasts between three and five minutes long.
目前还不清楚如果Facebook simil计划arly short clips just yet, but theJournal'sreport indicates it is considering a variety of runtimes from 10 minutes to 30 minutes. If these latest rumors are true, we could be looking at a greater diversity of shows coming to our Facebook feeds very soon.
