Save 50% on a 3-month Digiday+ membership. Ends Dec 12.
Facebook Canvas, a.k.a. Instant Articles for brands, officially launches
Facebook’s take on Instant Articles for advertisers is here.
The social network officially launched Canvas today, a full-screen, video mobile format that is intended to engage people more than a regular video ad. And, similar to Instant Articles, Canvas ads load 10 times faster than a standard mobile website.
Brands have been tinkering with Canvas ads on Facebook for the past few months, with Carnival Cruise Lines being one of the first. Carnival told Digiday that 50 percent of people who opened its Canvas ad watched the video to the end.
Gatorade, Michael Kors, Wendy’s and Target have also used Canvas. They and others have said that people actually engage with their ads, getting as much as 50 percent more clicks than a regular ad.
Notably, Facebook is charging companies the same price as a regular News Feed ad.
The Canvas team did an amazing job making this happen. Here's what a Canvas Ad looks like pic.twitter.com/gZBmAKA3D2
— Ben Cunningham (@codeblue87) February 25, 2016
Facebook has been rapidly expanding mobile ads, which accounted for a staggering 80 percent of its $5.6 billion revenue in the last quarter. So, this new unit is good news for brands because people remember them and better news for Facebook because it keeps people using the social network.
More in Media
Meta enters AI licensing fray, striking deals with People Inc., USA Today Co. and more
The platform has secured seven multi-year deals with publishers including CNN, Fox News, People Inc., USA Today Co to incorporate their content into its large language model (LLM) Llama.
European publishers say the Digital Omnibus ‘cookie fix’ leaves them worse off
The European Union’s attempt at a legislative spring clean for Europe’s web of data privacy rules, has landed flat with publishers.
Digiday+ Research Subscription Index 2025: Subscription strategies from Bloomberg, The New York Times, Vox and others
Digiday’s third annual Subscription Index examines and measures publishers’ subscription strategies to identify common approaches and key tactics among Bloomberg, The New York Times, Vox and others.