Facebook in talks with Hollywood studios to make original TV shows in bid to challenge Netflix

Shows could launch as soon as late summer this year and the company is committing as much as $3m per episode

Abinaya Vijayaraghavan
Monday 26 June 2017 08:11
Comments
Facebook is hoping to target audiences from ages 13 to 34, with a focus on the 17 to 30 range
Facebook is hoping to target audiences from ages 13 to 34, with a focus on the 17 to 30 range

Facebook is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, the Wall Street Journal reported on Sunday.

The social networking giant has indicated that it was willing to commit to production budgets as high as $3m per episode, in meetings with Hollywood talent agencies, the Journal reported, citing people familiar with the matter.

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 and Amazon, WSJ reported.

The company is also willing to share its viewing figures with Hollywood, the report said.

Apple 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 show that will begin airing in August.

Reuters

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in