Facebook reportedly wants $1 million for each video ad
Would you spend $1 million for a video ad on Facebook?
That's allegedly what the popular network is aiming to squeeze out of advertisers when it starts rolling out video ads sometime this summer, says a story today in Ad Age.
Citing information from one "executive briefed on the product," Ad Age reported that the video ads would carry a price tag upwards of $1 million, run for no longer than 15 seconds, and be scheduled so that no Facebook user sees more than three such ads per day.
Facebook has been chatting up ad agencies to … Read more