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Could Facebook be Gen Z and Millennial’s next cable TV?

Could Facebook be Gen Z and Millennial’s next cable TV? Facebook is paying top dollar to find out, dishing out “as much as $250,000 per episode” for original content with partners like Conde Nast, Vox Media, and BuzzFeed. Currently known for short Tasty-style video snippets, the platform is investing in full length episodes, “kickstarting an ecosystem for longer-form content.” If it catches on, Facebook could become a place to “build huge media companies.” (CNBC, Variety)

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