Sign up to receive 5 free days of our daily summary for tech news.

Special Offer: Try out The Information today for only $10/month for your first 3 months. 
Facebook Media/Telecom

Facebook to Cut Funding for Some News Shows on Watch

Six months after Facebook launched a slate of original news shows from outlets like CNN, ABC News and BuzzFeed, the company has told news executives it is likely to reduce its funding for individual shows, as it refines its programming strategy for the effort.

Facebook’s overall spending on news content for its Watch service—$90 million, according to people familiar with the news effort—is expected to remain the same, but spread across a broader array of programs. It is possible that Facebook will shift money to fund news programs overseas, following the expansion internationally of the Watch service in recent months.

What Is The Information?

Notes bb3aa5069205d702dda37fc71dc6f1c59df2310c4379304e9f1199f052af4884

Exclusive Articles

We broke it first. Receive original reporting you won't read anywhere else from the largest newsroom in tech.

Notebook b5103017ee163370a1667c9ce59ab0ef023875a17888105d26c185cadf31bb69

Daily news analysis

Every weeknight, we'll send you our reporters’ views on the day’s top tech news—distilled into one email.

Conference calls c9e664e8b96ee347d3e92b8309938f268422b9db98cfabca5c826fbb75054b23

Conference calls

Get access to our reporters and other top executives with monthly deep-dive calls into topics like startups and autonomous vehicles.

Events 499acedd16cffc41445edd76bfd302b2836c2a27419890f17130a6b10e2aa3df

Special Events

For no extra fee, get access to more than a dozen events yearly, from intimate dinners to larger gatherings with marquee speakers.

What else is included in my subscription?

Become a contributor

Share your views and find other subscribers by completing your profile. You’ll be listed in our contributor directory.

Slack community

Discuss topics and current events with our subscriber-only Slack group and share news about your company with other subscribers.

Annual Subscriber only benefits:

Org Charts

Access the only collection of tech company org charts. Our expanding database includes companies like Amazon, Snap, and Uber.

Crypto Newsletter

Our experts investigate the latest in the crypto world to keep you in-the-know about the movements of digital currencies.

Stay up to date on Silicon Valley

Sign up for Jessica Lessin’s (The Information’s CEO & Founder) free Saturday newsletter and also receive a complimentary week of our daily afternoon tech commentary email.

Already a subscriber? Log in here

Recent Articles

Google Entertainment Media/Telecom

Disney Stumbles in Ad Sales Shift

By Tom Dotan and Jessica Toonkel

Google Facebook Policy

Tech Antitrust Battle to Test Agencies’ Leverage

By Christopher Stern and Ashley Gold

Crypto Facebook

Why Binance Stands a Chance Against Facebook

By Jon Victor

Facebook

Growing Pains: Facebook Pushes Instagram to Earn Its Keep

By Alex Heath

“Facebook understands the need to monetize faster and better.”