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Snap shares surge on $100 million deal to make shows with Time Warner (SNAP, TWX)

Business Insider Monday, 19 June 2017 ()
Snap shares surge on $100 million deal to make shows with Time Warner (SNAP, TWX)Shares of Snapchat maker Snap Inc. jumped nearly 3% on Monday following the news that the app maker has entered a new agreement to make original shows with Time Warner.

The deal means that Time Warner will pay Snap $100 million to develop shows and advertise in the app over the next two years, according to a person familiar...
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News video: Snapchat is about to add a lot more TV shows

Snapchat is about to add a lot more TV shows 00:52

Time Warner announced today that it signed a two-year deal with Snapchat worth $100 million and plans to bring TV shows and advertising to the app. HBO, Warner Bros. and Turner's cable channels all fall under the Time Warner umbrella, which plans to create at least 10 original shows. Time Warner is...

Recent related news

Time Warner signs deal to develop shows for Snapchat

(Reuters) - Time Warner Inc said on Monday it signed a deal with Snap Inc to develop up to 10 original shows for Snapchat over the next two years.
Reuters - Technology

Snapchat expands television offerings with Time Warner

Snapchat expands television offerings with Time Warner
Media giant Time Warner will produce shows for the social media service as part of a two-year partnership.
BBC News - Business

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