Only a few spots left to join us for the Digiday Publishing Summit

Join us Sept. 14-16 in Miami to connect with top publishing leaders

SECURE YOUR SEAT

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

Molson Coors ditches its TV-era workflow to move at creator speed, quadrupling engagement

Molson Coors partnered with Movers+Shakers’ new consultancy group to completely overhaul its approach to creators, and it’s working.

Media Briefing: Publishers are rebuilding their newsrooms for the post-Google era

Publishers like USA Today Co. and NYT are reshaping audience teams and creating new roles to prepare for an AI search future.

How 11 retail media networks are trying to differentiate themselves to advertisers

With the launch of myriad retail media networks, these new divisions of various consumer-facing companies are now fighting for ad dollars.