Facebook has hinted that it may produce out new TV series and game shows like Amazon and YouTube have.
Facebook is all set to launch its own TV series and game shows by the end of the summer, according to a report published in Business Insider. All shows will be broadcast on its platform.
The social media giant will launch roughly two dozen shows of different length: shorter ones of 5-10 minutes while others are similar to conventional TV entertainment. According to CNBC, the two billion user’s platform has already started hiring for the positions of TV producers.
Stepping of Facebook into video content production line has also been confirmed by Nick Grudin, the vice president for media partnerships. He told AFP that their “goal is to make Facebook a place where people can come together around video.” Mr. Grudin also told about the genre of the shows to be broadcast by Facebook when he revealed that Facebook would “experiment with the kinds of shows you can build a community around – from sports to comedy to reality to gaming.”
The Business Insider’s report also mentioned that Facebook is looking for “high quality, scripted video as an important feature to retain users, particularly the young demographic that is increasingly flocking to rival Snapchat, as well as a means to rake in brand advertising dollars traditionally reserved for traditional television.”
With that prospective venture, Facebook is going to join the league of Amazon and YouTube.