Now Facebook to produce own TV series, games

Tech News, June 30:-  Facebook is starting production on high-quality television series and gaming shows to be broadcast on its platform.

The giant of social media which has around two billion monthly users worldwide, is working on the project with a small group of partners and hopes to start putting out episodes of its forthcoming series by the end of the summer, Nick Grudin, the vice president for media partnerships, said in a statement to AFP.

Facebook is funding the shows on its own at first, he said, “but over time we want to help lots of creators make videos funded through revenue sharing products like Ad Break,” a software tool that allows adverts to be directly inserted into Facebook’s online content.

-(KK, Inputs: Agencies)


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