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February 7, 2018 12:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/-bCt4MrMAos/facebook-is-talking-about-expanding-its-tv-like-service-watch-into-a-rival-to-youtube
Facebook is Talking About Expanding Its TV-like Service, Watch, Into a Rival To YouTube
Facebook is talking about expanding its TV-like service, Watch, into a rival to Google's YouTube by opening the platform to more individual creators, CNBC reports citing people familiar with the plans. From the report: This would increase the amount of long-form video content that Facebook can sell ads against, and could reverse a decline in the time users are spending on the site. Facebook wants to allow more people to create their own shows on Watch, according to three media agencies who asked they remain anonymous because the conversations are private. Instead of buying rights to these shows, however, Facebook wants to create a system where creators can upload their shows for free, then earn a cut of the revenue from ads placed on that content -- similar to how YouTube pays its online creators. Another source with knowledge of the situation said Facebook's ultimate goal is to create a sustainable ad-supported video platform, where it won't have to pay for the majority of content.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/-bCt4MrMAos/facebook-is-talking-about-expanding-its-tv-like-service-watch-into-a-rival-to-youtube
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