Facebook today has announced the launch of a new service called watch, which can only be seen as its efforts to give competion to the popular video aggregation site, You Tube!
According to their announcement, Watch is a platform for shows, and is promoting it as
a platform for all creators and publishers to find an audience, build a community of passionate fans, and earn money for their work.
According to the creators, they think a variety of shows could take advantage of the platform and have elaborated them as below:
1.Shows that engage fans and community.
2.Live shows that connect directly with fans.
3.Shows that follow a narrative arc or have a consistent theme.
4.Live events that bring communities together.
Statistics show that facebook is a close second to youtube when it comes to videos. This could change with the effort put in by FB and we could see a new winner in the game of video aggregation in the future.
So, 'watch' this space in the future!
Also check this video
Further reading
1.http://www.financialexpress.com/industry/technology/facebook-launches-youtube-competitor-called-watch/801802/
2.https://newsroom.fb.com/news/2017/08/introducing-watch-a-new-platform-for-shows-on-facebook/
3.https://www.wired.com/story/facebook-watch-muscles-into-online-video/
4.http://www.businessinsider.in/Facebook-is-officially-launching-its-big-attack-on-TV-tomorrow/articleshow/59995778.cms
5.http://variety.com/2017/digital/news/facebook-watch-original-shows-content-strategy-funding-1202522193/
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