Facebook to invest in original shows production

June 26th, 2017   decode   news

Facebook will bet big on original video series in 2017. The Social Network is reportedly in talks with big-name Hollywood studios and talent agencies with the purpose of producing original scripted TV shows.

Facebook is ready to pay big per episode – to the tune of $3 million – but is also looking into less expensive production – along the lines of hundreds of thousand per episode.

Facebook has set “late summer” as a goal for its new original series’ premieres and is expected to announce multiple titles as well as a reality show dubbed Last State Standing.

Facebook has offered…

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