Facebook welcomes video service called WatchSeptember 1, 2017 - 13:53 AMT PanARMENIAN.Net - Facebook launched its Watch video service in the United States on Thursday, August 31 as it vies with YouTube for video advertising revenue, ZDNet report. Watch, which began testing earlier this month, allows users to find TV shows based on what their friends are watching, and have conversations with other people watching the show during an episode. The service will include content from Vox, Buzzfeed, Discovery Communications, A&E Networks, and Walt Disney's ABC, as well as live sports such as Major League Baseball. The social media giant will also initially pay content creators for shows to drive interest. Shorter-form shows will be paid between $10,000 to $35,000, while longer shows could make up to $250,000, sources told Reuters in May. Facebook will eventually open the platform to everyone to submit shows. Content partners will earn 55 percent of ad revenue, while Facebook will take the remainder. The company is now testing how ads will work within the shows, according to Dan Rose, vice president of partnerships at Facebook. Americans spend more than 73 minutes a day watching digital video, according to eMarketer, up more than 7 percent from last year. TV watching, on the other hand, dropped 2 percent from last year, and is expected to continue falling. Related links: Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |