WSJ: Facebook Signs Deals With Media Companies, Celebrities for Facebook Live
Posted June 22, 2016
Facebook has announced that it has solidified contracts with nearly 140 media companies for its Facebook Live service. Facebook has pledged to pay content producers over $50 million for more Live content and will expand what is already one of the most popular features of the site.
Live streaming has the potential to be big business, and a possibly lucrative advertising market. There are already numerous media outlets (aside from us) utilizing Facebook Live on a pretty regular basis including The New York Times, BuzzFeed, Al Jazeera and others.