
In a bid to increase its earnings from advertising, Facebook is building an app for set-top boxes to deliver video to your TV, reports The Wall Street Journal.
The app, which Facebook has apparently been working on for years, will work with devices like the Apple TV and bring users a variety of video content. It isnāt clear if clips from your news feed will show up there, but the company is believed to be in talks with media companies to offer up āTV-likeā shows upward of 10 minutes in length.
The effort is driven by Facebookās need to grow revenues beyond what it currently earns from placing ads in usersā news feeds, as well as by the fact that video ads command more dollars than static ones.
With that, Facebook will find itself going up against the likes of YouTube, streaming services like Netflix and Sling TV, as well as traditional cable channels. Itāll have to curate a solid mix of content if it wants to stay in the fight for long.
Additionally, itāll have to be careful about how it chooses to surface videos from its network of users: While itās nice to be able to beam the occasional clip from a friend to oneās TV via a streaming device like a Chromecast, Iām not sure whether folks will want to spend hours on the couch flipping through several such videos.
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