(from techcrunch.com)
“We’re focusing more on shorter form content to start” Facebook CEO Mark Zuckerberg said on today’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. Despite reports that it’s been in talks with TV studios and is building a set-top TV box, on today’s earnings call, 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 form of video as well in 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. (MORE HERE)
It’s about time!! As a daily YouTuber I have waited for awhile for this program. I’m worried that any revenue generated from content at first will have to be used to pay for videos to show up in the News Feed as that seems to be the way the Facebook algorithms work now. Though I never seem to miss my mother’s political posts 9 times daily.
