Video content would likely be accessed through Facebook's mobile app and the "Watch" video-on-demand hub.
If the deal is settled, the new option would arrive in the first half of next year, according to Recode, citing "industry sources."
Over the past three years, Facebook has been aggressively pushing into video. It's come up with original programs to compete with the likes of YouTube, many of them pulling in numbers Facebook was Red Table Talk is the biggest show with 4.3 million viewers.). (Jada Pinkett Smith's talk program
But you don't have to pay to watch those. This would be Facebook's first premium programming.
A Facebook spokesperson declined to comment.