Facebook Wants to Win Over TV Networks
Social networker Facebook has troves of data on its users, and it's looking to leverage all your "likes" in yet another way: Facebook is now creating reports on the amount of chatter TV shows are generating on the network, and delivering the results to ABC, Fox, CBS, and NBC.
Facebook is hoping that sharing the reports will help the company win more advertising dollars. The data will come from both public posts, such as "likes" and shares, as well as information from private activities, like messaging, though all data will be anonymized. The key metric will be the total number of social interactions that have occurred relating to a given TV show.
Motley Fool analyst Jason Moser sees this as a great opportunity for Facebook to prove its value to big-ticket advertisers. However, he worries that Facebook's biggest challenge is making sure advertising doesn't detract from the user experience. Facebook stock has had an epic run this year, so Jason thinks this stock price is a little optimistic looking today.
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The article Facebook Wants to Win Over TV Networks originally appeared on Fool.com.Erin Kennedy has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. The Motley Fool recommends Facebook and Google. The Motley Fool owns shares of Facebook and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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