The announcement today of Facebook’s forthcoming video app for TV set-top boxes should worry incumbent media companies like Disney, Viacom, or any operation that derives lots of revenue from cable TV. Facebook has confirmed that the app will let people watch Facebook videos through their Apple TV or Amazon Fire TV devices, or their Samsung Smart TVs. This is yet another diversion for cord-cutters—courtesy of Silicon Valley—and yet another incentive to ditch cable for those still paying for it. Of course, Facebook videos won’t replace your favorite TV shows, but a video app with the distribution power of Facebook behind it is one more formidable product taking up space alongside the video mafia: Netflix, Amazon Prime, Apple iTunes, and Google’s YouTube. Who has time for anything else?
collections
NewsletterCourses and LearningAdvertiseCurrent IssueTech Forecast
What’s next for hardware, software, and services
Most Innovative Companies
Our annual guide to the businesses that matter the most
Most Creative People
Leaders who are shaping the future of business in creative ways
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system
Innovation By Design
Celebrating the best ideas in business
Follow us:
