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Report: Facebook TV Coming as Early as June, It’s Still Not a Media Company

Facebook, which is definitely not a media company, is reportedly planning to launch around two dozen original “TV-like” programs in mid-June. Are you ready to catch the opening credits in your news-feed, stop what you’re doing, and watch some prestige television?

They said the social network had been looking for shows in two distinct tiers: a marquee tier for a few longer, big-budget shows that would feel at home on TV, and a lower tier for shorter, less expensive shows of about five to 10 minutes that would refresh every 24 hours.

The new video initiative means Facebook would play a much more hands-on role in controlling the content that appears on its social network with nearly 2 billion members — and it comes as companies like Amazon, YouTube, and Snap are locked in an arms race to secure premium video programming.

 

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