Report: Facebook is paying more than $50 million to publishers and celebs for live st

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Report: Facebook is paying more than $50 million to publishers and celebs for live st

Report: Facebook is paying more than $50 million to publishers and celebs for live streaming

Facebook's live streaming platform is proving to be a significant source of cash for some media companies. *

The social network is paying out more than $50 million to publishers and celebrities who produce content for Facebook Live,*according to "a document" reviewed by the Wall Street Journal.*

SEE ALSO: Facebook Live is the next big thing in media — after the last big thing (and the thing before that)


Facebook has contracts with close to 140 publishers and celebrities, the report said.*Facebook made deals with several media partners (including Mashable) following the launch of its live streaming platform last summer, but the value of these deals was previously unk**wn.* Read more...


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