Facebook recently rolled out its video streaming service, Watch, globally, a year after launching the same in the United States.
Facebook Watch is a special section on the social media giant’s platform that focuses on video content like entertainment, news and sports among others. Notably, it offers a range of shows that users can choose from.
Additionally, Watch creates a personalized feed for each user and offers a watch list of a collection of videos from Facebook pages, which a user follows. Moreover, the feature also allows users to save videos and watch later.
The new feature launched by Facebook is definitely a move to tap the fast growing streaming market, which is currently dominated by the likes of Netflix (NFLX - Free Report) , Alphabet’s (GOOGL - Free Report) YouTube and Amazon Prime.
Moreover, the company, which has a huge user base of 2.2 billion, is also trying to monetize group viewing activity, which is expected to drive engagement levels and attract ad dollars.
Facebook, Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Facebook recently rolled out its video streaming service, Watch, globally, a year after launching the same in the United States.
Facebook Watch is a special section on the social media giant’s platform that focuses on video content like entertainment, news and sports among others. Notably, it offers a range of shows that users can choose from.
Additionally, Watch creates a personalized feed for each user and offers a watch list of a collection of videos from Facebook pages, which a user follows. Moreover, the feature also allows users to save videos and watch later.
The new feature launched by Facebook is definitely a move to tap the fast growing streaming market, which is currently dominated by the likes of Netflix (NFLX - Free Report) , Alphabet’s (GOOGL - Free Report) YouTube and Amazon Prime.
Moreover, the company, which has a huge user base of 2.2 billion, is also trying to monetize group viewing activity, which is expected to drive engagement levels and attract ad dollars.
Facebook, Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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