Facebook Signs Deals Worth Over $50 Million With Media Firms to Boost Live: Report

Advertisement
By Reuters | Updated: 22 June 2016 10:47 IST
Facebook Inc has signed deals worth more than $50 million with media companies and celebrities to create videos for its live-streaming service, the Wall Street Journal reported.

Facebook has signed nearly 140 deals, including with CNN, the New York Times, Vox Media, Tastemade, Mashable and the Huffington Post, the Journal reported on Tuesday, citing a document.

Comedian Kevin Hart, celebrity chef Gordon Ramsay, wellness guru Deepak Chopra and NFL quarterback Russell Wilson are among the celebrities that Facebook has partnered with.

Advertisement

"We have an early beta programme for a relatively small number partners that includes a broad range of content types from regions around the world," Justin Osofsky, the vice president of global operations and media partnerships at Facebook, said in an email.

"We wanted to invite a broad set of partners so we could get feedback from a variety of different organisation about what works and what doesn't."

Advertisement

The document shows that Facebook's deal with online publisher BuzzFeed has the highest value at $3.05 million, the Journal said, followed by the New York Times at $3.03 million and CNN at $2.5 million.

© Thomson Reuters 2016

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Facebook, Social
Advertisement

Related Stories

Popular Mobile Brands
  1. OTT Releases This Week: 24, Band Melam, Nukkad Naatak, Prathichaya, and More
  2. Vivo Y6 5G Debuts With 7,200mAh Battery, 6.75-Inch Screen at This Price
  3. Honor Earbuds 4 With Up to 46 Hours of Total Battery Life Debut Globally
  4. Redmi A7 4G Series With Up to 6,300mAh Battery Goes on Sale in India
  5. Redmi Note 17 Pro Max Leak Reveals Chipset, Camera Details
  6. OnePlus Says This Chip Will Help the Ace 6 Ultra Offer Longer Battery Life
  7. Detailed Oppo Find X9 Ultra Teardown Video Shows Us What's Inside
  8. Leaked Dummy Gives Us an Early Look at the Design of the iPhone 18 Pro Max
  9. Mystery iQOO Smartphone in Development as Tipster Reveals Key Specs
  1. Microsoft Gaming Rebrands to Xbox, Debuts New Logo as Xbox Chief Says Company Reevaluating Exclusive Games
  2. Prathichaya (2026) Now Streaming Online: What You Need to Know
  3. Kelp Exploit Aftermath: DeFi Protocols Join Hands to Restore rsETH Following $293 Million Hack
  4. Microsoft Makes Copilot’s Agentic Features in Word, Excel and PowerPoint Generally Available
  5. OnePlus Ace 6 Ultra Battery Capacity Revealed as Company Teases ‘Energy Concentration’ Chip
  6. Mension House Mallesh Now Available for Streaming Online: Where to Watch This Telugu Romantic Comedy Drama Online?
  7. Redmi A7 4G, Redmi A7 Pro 4G With Unisoc T7250 Chip, 13-Megapixel Rear Camera Go on Sale in India
  8. Xiaomi Mix Fold 5 Reportedly in Development With In-House Xring O3 Chip
  9. Qualcomm Seemingly Confirms Samsung Galaxy S27 Series Will Feature Next-Generation Snapdragon Chips
  10. Ethereum Slips Below $2,300 as Bitcoin Price Steadies Amid Profit Booking
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.