Facebook Signs Deal With Miramax
Users will be able to watch movies through a new app
Facebook has teamed with its third major movie studio in six months to increase its streaming content. The social network’s users will now be able to watch films from the Miramax vault within a new, specially tailored app, where they’ll also be able to share comments on the movie with friends.
The movies can only be paid for with Facebook credits—40 per movie, the equivalent of about $4. Facebook will likely take its usual 30 percent cut of the profit.
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