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.

"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.

Advertisement

"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."

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

 

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Further reading: Facebook, Social
Advertisement

Related Stories

Popular Mobile Brands
  1. Here's When the Realme P4 Power 5G Will Launch in India
  2. JioHotstar Announces Monthly Subscription Plans Across All Tiers
  3. iQOO 15R Will Be Launched in India Soon, Company Confirms
  4. Honor Magic 8 Pro Air, Magic 8 RSR Porsche Design Launched At These Prices
  5. OnePlus 16 May Launch With These Display, Battery and Camera Upgrades
  6. Google Pixel 10a Leak Suggests No Price Hike Over Pixel 9a
  7. Samsung Galaxy S26 Ultra Colourways Spotted in Leaked SIM Tray Images
  8. Realme Neo 8 Key Specifications Confirmed Ahead of January 22 Launch
  9. Here's How Much the Realme P4 Power Could Cost in India
  10. Amazon Great Republic Day Sale: Best Deals on Top Loading Washing Machines
  1. Samsung Galaxy A57 TENAA Listing Reveals Key Specifications Ahead of Anticipated Launch
  2. Marathon Releases March 5 Across Steam, PS5, Xbox Series S/X; Pre-Orders Now Live
  3. Realme P4 Power 5G India Launch Date Announced; 10,001mAh Battery Confirmed
  4. OpenAI Will Reportedly Unveil Its First AI Device Later This Year
  5. iQOO 15R Teased to Launch in India Soon; Dual Cameras, Amazon Availability Confirmed
  6. Google Introducing New 'Answer Now' Button in Gemini for Fast Responses: Report
  7. OnePlus 16 Tipped to Launch With 200-Megapixel Camera, Upgraded Display and 9,000mAh Battery
  8. Amazon Echo Show 11 Launched in India With 11-inch Display Alongside Echo Show 8: Price, Features
  9. Google Pixel 10a Price and Storage Configurations Reportedly Leaked Alongside Colourways
  10. Global RAM Shortage Is Reportedly Causing GPU, Storage Drive Prices to Skyrocket
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.