Reportedly, Facebook acquired streaming rights to all episodes of Buffy The Vampire Slayer, Angel, and Firefly from Twenty-First Century Fox (FOXA - Free Report) . The classic shows are available to U.S. users for free on Facebook Watch from Nov 30.
Facebook is looking to boost watch time and engagement levels by bringing these classic shows, which have a dedicated fan base. These users are likely to engage in repeat viewings.
Facebook is also boosting Watch’s original content portfolio. Earlier this year, the company ordered a 10-episode series named Limetown, following the recent release of Sorry for Your Loss. Reportedly, Facebook is also working on Catherine Zeta-Jones’ dark comedy, Queen America.
Additionally, the company believes that its co-viewing feature – Watch Party will enhance social viewing and user interactions, thereby increasing the time spent on the platform.
Notably, more than 50 million users co-viewed videos for at least one minute a month on Watch in the United States. Moreover, the total time spent by a user on watching videos on Facebook has increased 14 times since the beginning of this year.
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 >>
Reportedly, Facebook acquired streaming rights to all episodes of Buffy The Vampire Slayer, Angel, and Firefly from Twenty-First Century Fox (FOXA - Free Report) . The classic shows are available to U.S. users for free on Facebook Watch from Nov 30.
Facebook is looking to boost watch time and engagement levels by bringing these classic shows, which have a dedicated fan base. These users are likely to engage in repeat viewings.
Facebook is also boosting Watch’s original content portfolio. Earlier this year, the company ordered a 10-episode series named Limetown, following the recent release of Sorry for Your Loss. Reportedly, Facebook is also working on Catherine Zeta-Jones’ dark comedy, Queen America.
Additionally, the company believes that its co-viewing feature – Watch Party will enhance social viewing and user interactions, thereby increasing the time spent on the platform.
Notably, more than 50 million users co-viewed videos for at least one minute a month on Watch in the United States. Moreover, the total time spent by a user on watching videos on Facebook has increased 14 times since the beginning of this year.
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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