Snapchat announced on Wednesday a new scripted show which will launch in partnership with Hollywood production company. There is a 52 percent fall in the shows of Snap since the beginning of the year as it has lacked somewhere in attracting new users because of the rivals like Facebook and Instagram, as they share some alike features.
Our first state of Snap originals includes Co-Ed, a new comedy from Duplass Brothers, Class of Lies, a mystery thriller from one of the minds behind Riverdale, and Endless Summer, a docuseries following rising stars in Laguna Beach – from Bunim/Murray, the creator of Keeping up with the Kardashians. – Team Snapchat
Snap said, “the episodes will be fast-paced for mobile viewing and as short as five minutes long, with each show having a profile page where viewers can easily find each episode”.
“Snap was falling woefully short of its goal to be profitable, estimating the company will lose more than $1.5 billion next year” stated Michael Nathanson, an analyst with Moffett Nathanson. The company has also seen high turnover among its executives and their Chief Strategy Officer Imran Khan would step down in the month of September.The feature Snap Originals are available to watch now, all you need to do is go to the discover page or search for the shows on Snapchat!