Lock in a year of Digiday+ for 35% less. Ends May 29.
If pictures of your friends’ posts in your Facebook feed wasn’t annoying enough, imagine seeing them broadcast live. Well, that will soon become a reality.
The social network just announced that a function called Live Video, a.k.a. Facebook’s version of Periscope and Meerkat, is being tested on a “small subset” of U.S. iPhone users before eventually rolling out to everyone. Here’s what its interface looks like:
“Live video streams automatically appear in their friends’ Facebook news feeds, and broadcasts that have concluded are saved in the timeline like any other video,” Facebook wrote in a blog post.
For the past few months, Facebook has tested live video streaming on a smattering of high-profile users, like NBC’s ‘Nightly News’ anchor Lester Holt and Martha Stewart, who used it to answer Thanksgiving questions last week. Even brands, such as Bethenny Frankel’s reduced-calorie food line Skinnygirl, played with it.
Using that exposure from popular and well-followed accounts gives it a larger platform (after all, Facebook boasts 1 billion active users every day) to compete against Meerkat and Twitter-owned Periscope, two services that offer similar capabilities but on a smaller scale.
Coupled with its booming mobile usage, where it makes 78 percent of its total revenue, video is very lucrative for Facebook since it can charge advertisers more to spend on the feature. While there are no immediate plans to sell pre-roll ads on the live streams, it could be tempting option in the future.
Images via Facebook.
More in Media
Twitch tweaks monetization tools to try and help smaller creators build a following
Twitch’s new community-driven monetization tools seek to give creators more ways to get paid, but creators need to get discovered first
Media Briefing: Publishers brace themselves for the zero-click era amid Google’s AI search overhaul
Publishers are meeting Google’s AI search overhaul with resignation rather than resistance, bracing for a zero-click future on the horizon.
U.S. CPG manufacturers are sitting on excess capacity, which could be a boon for brands
Keychain’s, CPG Intelligence Report showed that one major theme companies are grappling with is significant overcapacity.
