Facebook Pays for News Content
ABC, Anderson Cooper, Shepard Smith, Jorge Ramos and more: News powerhouses are coming aboard Facebook’s Watch, its section of proprietary video content. As TechCrunch points out, what’s especially notable is that the social media giant is paying for these shows. The move comes after Facebook announced a change to its algorithms, toward family and friend interaction and away from such things as media stories. The first of these programs is supposed to be posted this summer.