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Report: Facebook mulls funding video content

Facebook Inc. is in talks with television studios and video producers about funding some seed video content, Recode reported Dec. 14, citing a statement by Ricky Van Veen, head of Facebook's global creative strategy.

Van Veen reportedly said the content being considered includes original and licensed scripted, unscripted, and sports content.

Van Veen, co-founder of IAC/InterActiveCorp's CollegeHumor website, joined Facebook in June.