Facebook Looks to Add Long-Form Video After Twitter Announces 12 New Live Stream Partnerships
Reported by Variety: Facebook is “looking to kick-start an ecosystem for longer-form content” as they closing on surpassing two billion monthly active users. The longer-form content would be featured through the recently-introduced video tab. Facebook CFO David Wehner discussed the news during the company’s Q1 2017 earnings call on Wednesday.
Facebook founder Mark Zuckerberg didn’t comment on what kind of video programming Facebook is looking for. Most believe it would be similar to Twitter’s NFL partnership. Zuckerberg stated, “Sports is probably something that we will want to try at some point. The idea was to establish Facebook as not just a place where people would go to catch up on the news and their friends, but also a destination for video viewing.”
The news all comes on the heels of Twitter announcing earlier in the week that they have agree to 12 new live steam partnership deals with the likes of Viacom, NFL, MLB, WNBA, PGA & more. Everyone seems to be trying to get into the live streaming business as more people continue to cut the cord, including Youtube which just launched their own television stream service.