Cyber Week Sale:

Save 50% on a 3-month Digiday+ membership. Ends Dec 5.

SUBSCRIBE

Facebook’s Periscope-killer, Live Video, is rolling out to everyone

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:

livestream

“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

‘The Big Bang has happened’: Reach gets proactive on AI-era referrals, starting with subscriptions

This week, the publisher of national U.K. titles Daily Mirror, Daily Express and Daily Star, is rolling out its first paid digital subscriptions – a big departure from the free, ad-funded model it’s had throughout its 120-year history. 

Arena Group, BuzzFeed, USA Today Co, Vox Media join RSL’s AI content licensing efforts

Arena Group, BuzzFeed, USA Today Co and Vox Media are participating in the RSL Collective’s efforts to license content to AI companies.

Marketers move to bring transparency to creator and influencer fees

What was once a direct handoff now threads through a growing constellation of agencies, platforms, networks, ad tech vendors and assorted brokers, each taking something before the creator gets paid.