Facebook, the TV-like social network (FB)

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May 9, 2017 2:58 PM

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Facebook is set to debut its collection of TV-like video content in mid-June, Business Insider reports.

The social network has set its sight on two types of shows: a marquee tier with longer, big budget shows akin to traditional TV series; and a second tier with less expensive, shorter shows of about five to 10 minutes, that would refresh every 24 hours. Around two dozen shows are currently scheduled for launch .

Over the last few years, there’s been much talk about the “death of TV.” However, television is not dying so much as it's evolving: extending beyond the traditional television screen and broadening to include programming from new sources accessed in new ways.

It's strikingly evident that more consumers are shifting their media time away from live TV, while opting for services that allow them to watch what they want, when they want. Indeed, we are seeing a migration toward original digital video such as YouTube Originals, SVOD services such as Netflix, and live streaming on social platforms.

However, not all is lost for legacy media companies. Amid this rapidly shifting TV landscape, traditional media companies are making moves across a number of different fronts — trying out new distribution channels, creating new types of programming aimed at a mobile-first audience, and partnering with innovate digital media companies. In addition, cable providers have begun offering alternatives for consumers who may no longer be willing to pay for a full TV package.

Dylan Mortensen, senior research analyst for BI Intelligence, has compiled a detailed report on the future of TV that looks at how TV viewer, subscriber, and advertising trends are shifting, and where and what audiences are watching as they turn away from traditional TV.

Here are some key points from the report:

In full, the report:

Interested in getting the full report? Here are two ways to access it:

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