monkeymagick
[H]News
- Joined
- Jun 22, 2008
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- 480
Get ready to get more annoyed by Snapchatters. Business Insider reports of the deal between both companies, Time Warner and Snapchat, to the tune of $100 Million. You may have overheard and wondered what your coworkers check out currently on their giant-phone-tablets, but fear no more. The deal will have Time Warner create shows for the app and expand the current time of 5 minute shows to 10 minutes, and broadcasts shows several times a day, so there will be water-cooler moments every-time you go for a drink.
The partnership comes at a crucial time for Snap, whose shares sunk last week to its $17 IPO price. Tech giants like Facebook, Netflix, Amazon, and Apple are all increasingly competing for original shows.
The partnership comes at a crucial time for Snap, whose shares sunk last week to its $17 IPO price. Tech giants like Facebook, Netflix, Amazon, and Apple are all increasingly competing for original shows.