Thursday, 9 July 2015

Facebook thought about his own music service


Facebook is in talks with major music studios about a possible joint business, writes The Verge citing "multiple sources". Cvoi interests in the music industry Facebook has already discussed with Universal Music Group and Warner Music Group and Sony Music Entertainment but in what form social network intends to cooperate with the studios - is not clear.
Now the US Facebook users spend more than 40 minutes a day. If within the network will have its own music service, this time will increase significantly.
According to the interlocutor The Verge, talks between Facebook and studios are at the initial stage and the final decisions too early. Facebook representative declined to comment.
«Facebook chose the right channel - and the most promising mass - says the president of investment company" Finam "VladislavKochetkov. - Social Network could become a serious competitor to the largest existing services - Google Play, App Store ». When you run such a service for the Russian part of the Facebook audience can lose and in contact, although this is unlikely to be significant losses.
Facebook adds more new features for users and therefore new sources of income. So, yesterday, Facebook announced that it would begin to share the profits from the video ads with video content producers. Social Network expects to attract more high-quality content producers, as well as major advertisers.
Until now, Facebook video ads posted in their news section. However, according to Vice President of Business Development Facebook Dan Rose, is the "integration" of content is not the best way to promote it. Now, in the "Featured Video" will be placed first and foremost professionally created content from major media companies, which will be interrupted for video ads - actually in television. Users will see video content recommendations from friends. A new feature designed especially for smartphone users - they are on their own assessment of Facebook, consume about 75% of video on the network.
Facebook is ready to give video producers about 45% of the proceeds from the sale of advertising in commercials, writes The Wall Street Journal. This is very similar to the model of income distribution video service YouTube. According to analysts Royal Bank of Canada Mark Mahaney, and the very next year Facebook will gain about $1.5 billion on video ads.
Not surprisingly, watching a sharp increase in consumption of video, Facebook is trying to develop other segments of entertainment, including music. The company is already working with the Swedish music service Spotify. Facebook has tried to integrate music in the social network. In particular, social networks, you can listen to music online for the performers as well as music, links to which are published in the news.