Facebook accelerates video offer with Watch for TV shows

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The new service will feature some live events that Facebook has acquired streaming rights for, including a weekly Major League Baseball game.

Facebook Watch is a new platform launched by the social media giant for shows.

To help you keep up with the shows you follow, Watch has a Watchlist so you never miss out on the latest episodes.

There's also a monetary incentive for publishers to create and upload original videos to Facebook Watch.

"Watch is personalized to help you discover new shows, organized around what your friends and communities are watching". The whole potential of the new streaming website is limitless; the popularity of Facebook can inherently make the Watch a good competition for the existing streaming website.

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While labels and publishers have said that they are optimistic about their licensing talks with Facebook, the social network's video service becomes ever more like YouTube as it evolves, meaning there's a high chance the web firm will want similar licensing deals to its Google-owned rival - ie a variation of the 55% advertising share arrangement it is offering all content creators, preferably with no commitments to pay when content plays without ads.

Watch will available to select users initially in United States and will be rolled out to all (only in US) in coming few weeks. And given that Facebook is closing in on almost two billion monthly users, it could provide publishers with a massive viewing audience. The page will also inform the users about the show and what is it all about.

Some of the shows that will be initially available on Facebook Watch are Tastemade's Kitchen Little, Nas Daily, Gabby Bernstein, Nat Geo WILD's Safari Live, The Dodo's Comeback Kids, Tommy Mac and more.

Chief executive Mark Zuckerberg said in a Facebook post that Watch would allow users to "chat and connect with people during an episode, and join groups with people who like the same shows afterwards to build community".

The feature will only be available to USA audience at first. According to the video shared by Facebook, when the user taps on the video tab, they will be taken to page with videos and different categories. For example, Returning the Favour is a series hosted by Mike Rowe where he finds people doing something extraordinary for their community, tells the world about it, and in turn does something extraordinary for them.

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