The social media giant seems to be quite serious about making a mark in the video streaming world as it releases app which will show free channels on streaming to users.
Facebook has recently announced that it will be launching its own TV services app which is sure to give a tough time to Google’s YouTube business, something that the search engine giant has something to worry now. The social media giant has made sure that around 400 channels are provided to the users of the social network which they can view through streaming.
The app that has been launched by the media company will be working in such a way that all the different videos from all over the internet will be collected and will be then guided into different channels. These channels will then be provided to the users which are active on the media firm’s website. Even though there are some important shows on the premium level like Game of Thrones and other games like that which the users will not be able to watch, there will be other video content available on the site which will prove as a good source of entertainment for them.
Furthermore, it should be taken into consideration how the firm has acquired Rabbit TV, which is a company that offers videos through a streaming system with particular subscription charges. The Rabbit TV Plus is also offers a premium service to the users in only a price of $10 for one year. Through this subscription, the users can then have access to a big number of radio channels, found all over the networking base.
Analysts are of the opinion that Facebook business has taken steps to go ahead and buy the services available by Rabbit TV but through this idea, the social networking giant will not be receiving much profit, making it look like a dead end to earn more revenue. However, the fact that this will let the media firm to engage its users in more activities on the media site than usual has been taken quite seriously by the company and it looks like users will be spending more time on the social media platform than before, only because of the excessively available free videos.
Videos have always been the ultimate aim that Facebook has wanted to reach on the social media site and the recent venture just shows how important the whole video streaming factor is for the company. The first time it released the whole video watching idea was through its acquisition Instagram on which users were first allowed to upload fifteen seconds videos on their timeline, showing things that they were doing in their daily lives.
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