Facebook wants to be your next destination for streaming TV shows
Get the Full StoryAfter reluctantly admitting that it is indeed a media company last December, Facebook is starting to get into the business of producing content including original TV-quality shows and unscripted video shorts. The social network is said to be betting big on fresh shows targeted at audiences aged 17-30, with plans to allocate budgets of up to 3 million per 30-minute episode to producers in Hollywood. For reference, that s similar to costs for Breaking Bad and a bit more than early seasons of The Big Bang Theory. Facebook has reportedly already lined up a relationship drama called Strangers, a comedy series… This story continues at The Next WebOr just read more coverage about: FacebookShare: