In 2018 Facebook spend a billion dollars on original content
Known edition of the Wall Street Journal reports that Facebook, the company intends to spend one billion dollars to attract original videocontent next year.
The company’s goal is to attract high-quality original television series, which will allow Facebook to compete with other streaming companies, including Netflix and Amazon.
The user base of Facebook exceeds 2 billion people. The potential is definitely big. Time will tell how the new idea of Mark Zuckerberg will pay for itself.