Publishers are proving reluctant to sell the licences to successful shows aired on Facebook's Watch channel to the social media site. Several anonymous executives said they have avoided handing over intellectual property rights, knowing that they can be lucrative in the long term. The BBC has been forced into a similar position after it was unable to secure rights for its popular drama series Sherlock.
Publishers are proving reluctant to sell the licences to successful shows aired on Facebook's Watch channel to the social media site. Several anonymous executives said they have avoided handing over intellectual property rights, knowing that they can be lucrative in the long term. An insider with knowledge of Facebook's thinking said the company was focusing on owning content tailored to its platform.