Tech

Facebook plans to be more like YouTube in new video strategy

Facebook plans to be more like YouTube in new video strategy

“We’re focusing more on shorter form content to start” Facebook CEO Mark Zuckerberg said on Wednesday’s Q4 earnings call, where he was repeatedly questioned about Facebook’s video strategy.

One thing’s clear, Facebook will invest heavily. “I see video as a mega trend,” said Zuckerberg.

Facebook will both pay video makers up front and through ad revenue sharing to get their content into its News Feed and video tab.

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Despite reports that it’s been in talks with TV studios and is building a set-top TV box, Facebook isn’t going to immediately dive into funding a ton of TV shows and movies.

Zuckerberg noted, “Over the longer term…people will experiment with longer forms of video as well as all kinds of different things.” But quick, snackable clips are “the primary focus for the foreseeable future.”

Essentially, Facebook is more interested in the YouTube model of collecting tons of quick video clips than investing in long-form shows or films like Netflix.

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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com