Facebook is planning to launch it’s own TV shows.


Facebook is in negotiations with Hollywood studios, and willing to fund production budgets up to $3 million per episode.

In general video content is expected to target people aged 13 to 34, but with an extra emphasis on those 17 to 30.

Facebook is said to be willing to share viewership data with studios, and planning to stagger the release of episodes, instead of debuting entire seasons at once like Amazon or Netflix.

Facebook’s vice president for media partnerships, Nick Grudin, confirmed some of the information.

“We’re focused on episodic shows and helping all our partners understand what works across different verticals and topics,”

 

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