According to Bloomberg, TV-style ads are coming to your Facebook newsfeed and the company is going to make a pretty penny off of them.
Facebook plans to start selling video commercials for up to $2.5 million each. The move would help Facebook gain an edge on rivals including Google, which has a natural video ad platform with its YouTube entity. The plan, which would offer 15-second spots to advertisers later this year, would help monetize the millions of users who check the site religiously — often during primetime television.