The company introduced a Watch service, which will be similar to YouTube but with its own characteristics. Facebook planned to develop services and compete with television.
Watch Facebook offers users exclusive content that will be created with the money of the company. Will be available for subscription as on certain programmes and in all produced videos. In addition, young writers will be able to find a new audience and develop your product, create community and earn on the rollers.
From today the service is available to a limited number of users in the United States, and in the future for Europe, but the launch date information is not available.
The market for video on the Internet is highly competitive and for Facebook it will be a new source of income. An exclusive partner will receive 55% of profit from advertising.
Now the company has partnered with Vox Media, BuzzFeed, ATTN, Group Nine Media and others. For the new service ready transfer of National Geographic videos of the women’s national basketball Association, the games of the American League baseball and shows for parents.
Facebook will have to compete not only with YouTube but also with Netflix, Disney and other large-scale venues.