Don’t Call It Fake News! Facebook to Fully Fund Streaming Mainstream News Shows
MENLO PARK, CALIFORNIA – Facebook is pressing its ongoing offensive against “fake news” with a novel idea: it will fully shoulder the costs of producing what it claims are “high quality” news shows by a handful of mainstream media outlets.
In so doing, it hopes to kill three birds with one stone: please the traditional media giants; ward off the reputation that it proliferates misinformation, and open up new audiences for its obscure TV-style streaming video platform.
