- With news about video-news funding changes in the air, Facebook (FB -0.2%) has issued an update on its ambitious video-programming efforts.
- More than 400M monthly users spend at least one minute on Facebook Watch, the company says, and more than 75M daily. On average, the 75M daily visitors spend more than 20 minutes in Watch.
- Amid the news about high-profile news shows getting less funding on Watch, Facebook says it will keep funding original programming, including renewing four programs for a second season: Huda Boss, Five Points, Sacred Lies, and Sorry For Your Loss.
- It's also giving some focus to the community aspect of its Watch tab, saying it's seen more than 12M real-time "Watch Parties" in Facebook's Groups, and that Watch Parties garner eight times more comments than regular videos in Groups.
- Meanwhile, after initially launching Ad Breaks to five countries in August, the company has now made the ad opportunities available to eligible pages in 40 countries.
- Now read: Facebook: Rock Bottom
Original article