Facebook is said to be prepared to invest up to $1 billion in original shows for its new Watch feature, sources report. The platform is also reportedly willing to spend millions on music rights to enable its users to include music in their videos, another signal that CEO Mark Zuckerberg is keeping to his pledge to make Facebook a “video-first” destination.
Related Links
Facebook debuts 360-degree live-streaming video in app
Facebook introduces new video features, TV video app
