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Report: Facebook to pay Hollywood millions for original shows

Facebook is very serious about its original programming ambitions — $3 million per episode serious. According to a Wall Street Journal report, the tech giant is courting Hollywood agencies for original scripted TV shows, in some cases offering up to $3 million per episode. It’s also keen on procuring less-expensive productions that would cost hundreds of thousands each episode to make. The Journal’s sources said that Facebook has set late summer as a tentative launch window, and that it hopes to reach audiences aged 13-34.

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