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WSJ: Facebook Signs Deals With Media Companies, Celebrities for Facebook Live
Posted June 22, 2016
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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.