Facebook will be talking to news outlets about creating daily videos in which could live inside site’s Watch tab, CNBC can confirm.
The company will be currently in talks with 10 major news outlets about producing roughly 3-minute videos in which could live inside Watch tab as well as could also appear inside main News Feed, a source close to the company said. News publishers could also be able to launch live videos during breaking news.
The company will be still negotiating with the news organizations how much the item could pay as well as what the revenue structure will look like long term.
Facebook has long touted its commitment to news, establishing the Facebook Journalism Project as well as last month announcing a partnership with local news outlets to improve subscription bases.
although This specific will be initially Facebook has considered paying for news directly — a concept media mogul Rupert Murdoch floated in January.
Axios as well as The Wall Street Journal earlier reported on the partnership.