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clasesdeperiodismo

Facebook is developing a video app for television-like content, The Wall Street Journal reports. The app will stream content from Apple TV, as well as other over-the-top (OTT) content providers. According to the Journal, Facebook is also in talks with media companies to license long-form programming.

Video-first transition: The introduction of streaming app that supports long-form content is the latest, and potentially biggest, stride in a series of steps Facebook has taken to position itself as a video-first platform. The new franchise will will make streaming content available on set-top box TV sets so that the streaming experience would mimic that of other OTT platforms, like Netflix and Hulu.

A crowded space: Youtube, Amazon and Netflix have all invested millions of dollars on long-form content and content licensing models and in October Snapchat announced it was moving from a revenue-sharing model towards a content-licensing model.

Why it matters: Facebook said last summer that its main advertising platform, the newsfeed, is running out of advertising inventory. To increase revenue, they introduced new video features and began testing video mid-roll ads and Instagram story ads. While these features could help Facebook combat what is supposed to be a slow growth year, a long-term content licensing strategy will present a more sustained approach to capturing part of the $70 billion TV ad market.

One interesting thing: The Journal reports that Facebook's new TV-like app will eventually sell ads against the content it distributes. Its competitors, like Netflix, make money from subscriptions. It's also ironic that Facebook is potentially planning to monetize this way, because the tech giant repeatedly avoided pre-roll ads on their Facebook platform to avoid user drop-off.

Go deeper

Federal judge blocks vaccine mandate for NYC teachers

Students are dismissed from the first day of school at PS 133 in Brooklyn on Sept. 13. Photo: Michael Nagle/Xinhua via Getty Images

A federal appeals court judge on Friday temporarily blocked New York City schools from enforcing a vaccine mandate for school employees, days before it was set to take effect, AP reports.

Driving the news: The vaccine mandate was set to begin on Monday, prompting concerns over staffing shortages in schools across the nation's largest school system.

CCP releases two jailed Canadians after Huawei CFO deal with DOJ

Photo: Sheldon Cooper/SOPA Images/LightRocket via Getty Images

Two Canadians imprisoned by the Chinese government for over 1,000 days have been released and are expected to arrive in Canada on Saturday, Prime Minister Justin Trudeau said Friday.

Why it matters: Their release comes hours after Huawei Technologies CFO Meng Wanzhou reached a deal with the U.S. Department of Justice that resolves the criminal charges against her and could pave the way for her to return to China.

Updated 22 hours ago - Politics & Policy

Arizona GOP's private recount of 2020 election confirms Biden's win

Contractors working on behalf of the GOP examine and recount 2020 ballots at Arizona Veterans Memorial Coliseum in Phoenix in May. Photo: Courtney Pedroza/Getty Images

In an odd coda to the 2020 election, private contractors conducting a GOP-commissioned recount in Arizona confirmed President Biden’s win in Maricopa County.

Why it matters: The unofficial, party-driven recount has been heavily covered on cable news as part of former President Trump's continued effort to sow doubt about the election result.