Facebook Signs Deal with Media Companies for Facebook Live

Facebook is social media giant, we all know about it. But for more user engagement Facebook has already entered in the live streaming market.


Now to catch more user engagement and deliver a better advertisement for the advert creator, recently Facebook has signed a deal with over 140 media companies and celebrities.

The deal amount is of $50 million, it is a huge deal.

Now all media companies and celebrities will be live on the Facebook live with their created videos.

Earlier in march, Facebook stated that Facebook will start paying some media partner for the live video product.

Now the deal is done.

So, the deal will be beneficial for the Facebook or not, we will analyze in future and keep you updated. So stay tuned.

Image Credit: the daily croton