Facebook Inc (NASDAQ:FB) has confirmed the credibility of a rumor purporting the availability of video app for TV on Samsung Smart TVs. The app makes it possible to tune into Facebook videos from friends. However, one must download it through the Samsung Smart Hub to access it. On the other hand, it is only available on Samsungs of 2015, 2016, 2017 Smart TV models.
Enjoy Facebook videos on a bigger screen
The new Facebook video app for TV enables its users to share Facebook’s top-streamed Live videos. Samsung refers to it as a new way of enjoying a mix of personal and public broadcasts on a bigger screen. It is one of the many ways that the South Korean electronics manufacturer is stamping its presence in the market, currently very competitive.
Vice President of the Visual Display Business at Samsung Electronics, Sangsook Han has appreciated the new milestone. He quotes, “It is a pleasure to bring the world’s social network to Samsung Smart TV users, as well as continue to see the value of Samsung Smart TV, as a platform, growing.”
Facebook is currently busy ramping up its video offering
Apparently, there is a notable increase of company buyouts and mergers. However, Han thinks they are necessary for purposes of enhanced innovation. Partnerships will enable the provision of a wider variety of services to consumers. It is for this reason that the social media network is reported to be at an advanced stage of talks that will bring Major League Baseball games to its new app.
Additional rumor has it that it has entered into an agreement with Univision to broadcast 46 games. A new development indicates that it has also unveiled mid-roll ads to better monetize videos Nonetheless, the growth of video use on Facebook has been growing steadily over the last year. However, Facebook has confessed to having exaggerated its viewing numbers.
In the meantime, Facebook’s stock was trading at $136.41 witnessing an increase of $0.97 or 0.72%.