Facebook Is Reportedly Ready To Pay Up To $3 Million Per Episode For High-End Original Shows

That figure comes from “people familiar with the situation,” and it’s quite a bit higher than the six-figure per-episode budget that had previously been reported by Reuters as the price Facebook is willing to pay to acquire its shows. The The Wall Street Journal article refers budgets of that size as well but groups them in a lower tier than the seven-figure budgets, which are reportedly for “high-end cable-TV shows.” Both Reuters and WSJ also discussed Facebook’s plan to mix in short-form content, which will cost much less to produce and, unlike the long-form shows, will not be owned by Facebook itself. – Sam Gutelle, Tubefilter http://ift.tt/2sJj1MF