Checkout: Facebook Set To Invest Millions Of Dollars In Hollywood TV Shows

Facebook Seems to be aiming more bigger, it as seen earlier that facebook set to invest big in original TV shows, that worth millions of dollars, and is talking to Hollywood studios and agencies about producing TV-quality shows with an eye toward launching original programming by late summer, people familiar with the matter said.

Facebook has offered millions to companies to stream live content on its feed and it's only logical to want in on the streaming business. The social networking giant is still in search of a cheap TV show production, after agreeing to pay $3 million per episode. Facebook has set "late summer" as a goal for its new original series' premieres and is expected to announce multiple titles as well as a reality show dubbed Last State Standing.

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