Facebook intends to seriously compete with Apple, Netflix, Hulu and even YouTube in terms of creating movies and series for users of its platform. Those from Facebook intend to officially announce their plans next month along with two new video formats that they will distribute through their own platform.
The first Facebook content format will be based on movies or TV series with high budgets, which are meant to attract customers to the platform. Facebook's second video format will be based on short video clips, with smaller production budgets, and these will most likely be shared for free within the social network.
Facebook competes with Apple by investing massively
Those from Facebook would have hired one of the co-founders of the famous CollegeHumor to lead the division that will create this new type of video content for the platform. Considering his experience, it is clear that we will be talking about attractive video content that Facebook will make available to us, so everything should be very interesting.
Facebook wants to attract a young audience with this content, so it will also create films that are based on virtual reality. More precisely, Facebook wants to create films in which various people have a first meeting in virtual reality before meeting in person, the idea itself being very interesting, but it is hard to say if it will be successful.
Although Facebook will invest heavily in these new movies, it seems that they will be available for free to everyone, but they will have ads displayed in the middle of them. Those at Facebook already proceed in this way with the various video clips published within its network and it seems that the revenues are high enough to support even the creation of films.
