Facebook Watch, the social network's video on demand service, is reportedly preparing a news section that will include partnerships with around 10 publishers.
Facebook Watch, the video on demand service of the social network, according to what emerged, is preparing a section of news which will include partnerships with around 10 publishers.
The news comes a day after Apple's acquisition of a magazine subscription service for $ 10 a month. Represents another example of a technological company that seeks to strengthen relations with traditional media in a time when topics like that of fake news have put these interactions to the test.
Facebook Watch and publishers
Facebook is working with these publishers to reach an agreement on budgeting and monetization. The current agreement on the original Facebook Watch video content that is produced for Facebook by partners, who earn 55% of advertising revenue while Facebook maintains 45%.
Facebook Watch video news
"Video news is the latest step in our strategy to make targeted investments in new types of Facebook Watch programming," he said Campbell Brown, responsible for the partnerships for Facebook, to Axios, who reported the news first. "… As part of our broader effort to support quality news on Facebook, we plan to meet a wide range of potential partners to develop, learn and innovate on a custom-made social media news schedule. Our first conversations were encouraging and we are excited about the future possibilities, "he commented.