Facebook is expanding its video platform while reportedly slashing news show funding

Dec 13 2018 by The Verge

 

Facebook Watch is expanding, even as it’s failing to gain much traction amongst younger, digital-native audiences. Today, the platform announced it was expanding its 15-sec ads to more than a dozen new countries, as well as launching Watch on desktop globally and on Facebook Lite. The move comes just as Facebook slashed funding for some of its original news shows made in partnership with CNN, Buzzfeed, and ABC News, The Information reported today.

While Facebook’s budget for news...

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