Twitter has announced it's moving forward with 16 original live shows, thanks to funding made possible through achieving ad revenue goals.
Commercials pay for content
Last May, Twitter showcased 16 original live video shows meant to stream by the end of the year. Vox Media also bartered a deal to create original content with The Verge.
All the shows have received a greenlight due to the success of the advertisement buy-ins, with ad packages ranging from $250,000 to $500,000, according to Ad Age.
What’s old is made new
In the past, TV network productions relied on pitches made to advertisers, referred to as upfronts, which meant networks relied on advertisers’ commitments to upfronts. Now, these commitments are called newfronts.
Stay tuned to see if Twitter has stumbled on the secret sauce for funding original content while maintaining creative control..
Are you ready for content brought to you by Twitter? Give us your thoughts in the comments below.
RECOMMENDED FOR YOU
Shopify Releases 100+ New Updates & Features
Is a hot tech company even really a hot…
Is a hot tech company even really a hot…
LinkedIn Streamlines Event Promotion
LinkedIn Streamlines Event Promotion Just a few weeks after…
LinkedIn Streamlines Event Promotion Just a few weeks after…
Instagram and Facebook Reels get new stickers, longer clips and more
Once again Facebook has announced a new range of…
Once again Facebook has announced a new range of…