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The social networking giant has indicated that
it was willing to commit to production budgets as high as $3
million per episode, in meetings with Hollywood talent agencies,
the Journal reported, citing people familiar with the matter.
http://on.wsj.com/2scl2NV
Facebook is hoping to target audiences from ages 13 to 34, with
a focus on the 17 to 30 range. The company has already lined up
"Strangers", a relationship drama, and a game show, "Last State
Standing", the report said.
Facebook could not be immediately reached for comment.
The company is expected to release episodes in a traditional
manner, instead of dropping an entire season in one go like
Netflix Inc <NFLX.O> and Amazon.com Inc <AMZN.O>, WSJ reported.
The company is also willing to share its viewership data with
Hollywood, the report said.
Apple Inc <AAPL.O> hired co-presidents of Sony Pictures
Television, Jamie Erlicht and Zack Van Amburg, earlier this
month, to lead its video-programming efforts.
Apple began its long-awaited move into original television
series last week, with a reality show called "Planet of the
Apps", an unscripted show about developers trying to interest
celebrity mentors with a 60-second pitch on an escalator.
The company's future programming plans include an adaptation of
comedian James Corden's "Carpool Karaoke" segment from his CBS
Corp <CBS.N> show that will begin airing in August.
(Reporting by Abinaya Vijayaraghavan in Bengaluru; Editing by
Amrutha Gayathri)
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