Facebook's YouTube Competitor Launched Globally

Facebook's YouTube Competitor Launched Globally

Just 12 months after launching in the United States, the service enjoys 50 million monthly viewers and Facebook will be hoping to continue this success in other parts of the world. "At the top of your Watch feed you'll see your Watchlist, a collection of recent videos from Pages you follow", added Simo.

Additionally, the company is rolling out its Ad Breaks service, which is created to allow companies to monetize their content, in a number of markets. It has only been a month since Watch launched its first funded news shows, featuring an impressive roster of publishers, including ABC, Bloomberg, Buzzfeed, and NowThis, among others.

Social networking giant Facebook on Wednesday announced "Facebook Watch", its video-on-demand service, often touted as video-sharing giant YouTube's rival, is rolling out globally for people to discover interesting videos and interact with friends and creators. With this announcement, Facebook said more than 50 million people in the U.S. spend at least a minute viewing videos on Watch every month, and that the total time users spend on Watch has increased 14-times since the beginning of the year.

The social network's "Watch" feature, a section on its app, is created to take on YouTube directly since it will serve as a dedicated home for videos on Facebook, instead of them being interspersed them with status updates and other posts on the Facebook homepage.

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"Taking Watch global also means new opportunities for creators and publishers around the world".

Users subscribed to the page will get an option to follow the video channel and also get suggestions for similar content.

The Facebook Watch icon is located in the shortcuts bar or the "More" bookmark.

A home for your saved videos: If you see a video in News Feed but don't have time to watch it right away, you can save it to watch later in Watch. Facebook Watch will soon bring "Watch Parties, Premieres, and videos focused on audience participation - like the new trivia game show, Confetti" and they're also working to make it easier for you to find live videos as they're happening.

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