Facebook is going to debut its first TV shows in the upcoming months.
The people in the matter told Bloomberg that Facebook TV shows will most probably be coming online in the mid-August.
Moreover, the TV shows contain both high and low budget short films and shows. The top-tier style shows will be launched later this month.
The company insiders also told that the TV programs may be delayed for some time. The unidentified members talked concisely about the matter because the news hasn’t been made official yet. Facebook is also funding original programs that will be shown in a new video section and give the company a larger cut of the $70 billion television advertising market.
It intends to be at the same level as Google Youtube but it is neglecting others in the competition such as HBO, Netflix, and Showtime.
The Facebook TV series will be akin to cable television.
For more updates, wait till the news gets official.