Will Facebook’s $50 Million Gamble Pay Off?

by Dillon Baker
In 2011, YouTube paid more than $100 million to celebrities, social influencers, and media companies to create 100 exclusive channels on the video platform. Sound familiar? On June 21, The Wall Street Journal revealed that Facebook, which for the past two years has been waging war to break into digital video, paid more than $50 million to about 140 media companies and celebrit ...Read the full article