Meta has stopped supporting original shows on Facebook Watch after a series of cost cuts, with allegations that this decision was influenced by a strong business relationship with Netflix. Court documents in an antitrust suit claim that Facebook gave Netflix access to users' private messages in exchange for business benefits.
Key Points
Meta's streaming business no longer supports original shows on Facebook Watch
Allegations claim that Meta stopped original shows to appease Netflix
Court documents suggest Facebook gave Netflix access to users' private messages
Pros
Meta can focus on other aspects of their business without the expenses of original shows
Alleged strong business relationship with Netflix may have brought financial benefits
Cons
Loss of competition in the streaming video market
Potential privacy concerns regarding access to users' private messages