Facebook To Fund Original News Shows By ABC, CNN And Mic

A Facebook Like Button logo is seen at the entrance of the Facebook headquarters in Menlo Park on May 10, 2012 in California. AFP PHOTO / Kimihiro HOSHINO (Photo credit should read KIMIHIRO HOSHINO/AFP/GettyImages)
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NEW YORK (AP) — Facebook says it will fund original news shows created by such news organizations as ABC, CNN and Mic.

The move comes as Facebook plans to kill off its “trending” news section to make way for what it considers “trustworthy” and “informative” news. Despite efforts to clamp down, the company continues to grapple with fake news and misinformation, not to mention plain old “click bait” on its users’ news feeds.

Campbell Brown, Facebook’s head of news partnerships, says the shows will be original and exclusive to Facebook, rather than adapting TV programs from elsewhere for a Facebook audience. The shows will appear in Facebook’s Watch video section.

Brown declined to say how much Facebook is paying for the shows. They will be available in the U.S. this summer.

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