Facebook Watch is company’s new plan for online video

Source: Bill Chappel, NPR

Promising online shows that run from comedy and reality to live sports, Facebook says its new Watch platform will let creators connect with their audiences — and earn money in the process. The social media giant's plan calls for using ads to monetize video.

With nearly 2 billion users, Facebook could further disrupt an online video space that's seeing media companies such as HBO offer their content directly to viewers. While many of those companies rely on a subscriber model for revenue, Watch would compete more directly with other social networks, such as YouTube, Twitter, and Snapchat, in offering an ad-based service.

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