Facebook Watch Is Off to a Slow Start
The good news: People are spending a longer time, on average, viewing videos in Facebook's (NASDAQ: FB) Watch -- the company's new video platform -- than in their news feeds.
The bad news: They're spending only about 23 seconds per video.
Facebook is betting big on Watch, with plans to spend as much as $1 billion on content to seed the platform. Success hinges on the social-media giant's ability to generate substantial ad revenue from video views, which is really hard when most people abandon the videos after just a few seconds, according to data from video-analytics company Delmondo, as reported by Digiday.
Source: Fool.com
Alphabet Inc. A Stock
€329.70
0.490%
With 166 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 339 € there is a slightly positive potential of 2.82% for Alphabet Inc. A compared to the current price of 329.7 €.
