Facebook (FB) to Annouce Deal with ESL to Broadcast Esports as Part of Shift in Video Strategy -WSJ

May 18, 2017 5:59 AM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

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.

LINK



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

General News, Trader Talk