As ‘streaming wars’ rage, social networks create own TV series - News Summed Up

As ‘streaming wars’ rage, social networks create own TV series


By Thomas Urbain / AFP, NEW YORKEven as Walt Disney Co, HBO Inc and Apple Inc lavish billions on content to gatecrash TV streaming wars, social networks like Facebook, YouTube and Snapchat are creating their own original shows to get their piece of the advertising pie. Historically, these three social networks are better known for hosting user-generated content. Quality, not quantity also appears to be Facebook Inc’s strategy on scripted shows. In addition to boosting the social network’s image with prestige content, the show helps drive its Facebook Watch video platform. Unlike YouTube and Facebook, Snapchat is not skimping on quantity.


Source: Taipei Times November 02, 2019 16:03 UTC



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