Billboard reports: “Months after announcing that it would begin paying for original programming, Facebook has officially introduced Watch, a new video platform for shortform and high-end originals. Watch will be a new hub for Facebook video programming that the social networking giant is positioning as a place for creators and publishers to find a tailored audience to build a community of viewers. Watch will house two types of programming for its video tab, including shortform series from digital producers and a handful of signature, television-quality series that Facebook is calling ‘hero’ projects.”

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