Facebook (FB) to Annouce Deal with ESL to Broadcast Esports as Part of Shift in Video Strategy -WSJ
Get Alerts FB Hot Sheet
Join SI Premium – FREE
Wall Street Journal reporters Sarah Needleman and Deepa Seetharaman report that Facebook (NASDAQ: FB)
making the shift to Esports, highlighting a change in video strategy, as the company looks to compensate professional videogame teams and other from the industry to post content on its social network.
According to the reports, Facebook already has agreements in place with five Esports teams to produce live and on-demand video of competitions and practices. Another deal with ESL, a global organizer of Esports contests, is expected to be announced shortly.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- API Shows US Crude, Gasoline Stocks Fell Last Week, Distillates Rose - Reuters
- Is China exporting deflation? BoFA weighs in
Create E-mail Alert Related Categories
General News, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!