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Facebook TV Shows Are Coming

Somebody has to take on Netflix right? Well, Facebook is jumping into the game by coming up with as many as 24 shows that will be premiered in mid-June.
look for both long form shows and 5-10 minutes shows that will be added to Facebook app's -video tab daily.
"It's part of a major initiative at the company to begin siphoning away some of the billions of dollars that are spent on television advertising ever year" said Facebook CEO Mark Zuckerberg.

Facebook will also be pushing into Hollywood as the company needs people (and stars) who can create its own unique video programming.