Sources: Facebook is willing to spend $1B through 2018 on original video for its platform, a dramatic increase on its current video deals (Deepa Seetharaman/Wall Street Journal)

Sources: Facebook is willing to spend $1B through 2018 on original video for its platform, a dramatic increase on its current video deals (Deepa Seetharaman/Wall Street Journal)

Deepa Seetharaman / Wall Street Journal:
Sources: Facebook is willing to spend $1B through 2018 on original video for its platform, a dramatic increase on its current video deals  —  Social-media giant could spend as much as $1 billion to cultivate original shows for its platform  —  Facebook Inc. FB .65% is loosening its purse strings …

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