Facebook Launches Video Channel

Facebook Launches Video Channel
Facebook will be airing a variety of new shows through its new 'Watch' tab on the social network.

(CCM) — Facebook has decided to jump into the ring with video giant YouTube and major television networks by launching its own video service, Mark Zuckerberg announced in a post on the social network.

"Today we're launching the Watch tab in Facebook — a place where you can discover shows your friends are watching and follow your favorite shows and creators so you don't miss any episodes," he said in the post.

But he added that watching shows on a screen need not be a passive experience. End users will be able to chat and connect with people during shows and join groups with other people who like the same shows afterwards to build a community.

Like Amazon and Netflix, Facebook plans to offer a range of shows including exclusive ones that it has commissioned itself. "We hope Watch will be home to a wide range of shows — from reality to comedy to live sports. Some will be made by professional creators, and others from regular people in our community," he said. The company hopes to make money off advertisements which will likely be placed before, during, and after the shows.

Zuckerberg said that the Watch tab will be rolled out to a limited number of Facebook users in the U.S. first, and more people will be able to use it "soon."

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