Tech giants have all been rushing to expand into original TV content, and Facebook is about to make its own debut in the arena. Investors have been hearing quite a bit about the social network's plans over the past year or so.
Facebook's Ricky Van Veen, the co-founder of CollegeHumor who Facebook recruited last year to head content strategy, told Recode last year that Facebook was "exploring funding some seed video content, including original and licensed scripted, unscripted, and sports content." Earlier this year, the company launched a Facebook Video app for smart TV platforms. Next up: a new dedicated video section of Facebook's desktop site.