Facebook to Enter Social Streaming Video Market?
An unlikely challenger to Netflix has entered the stage – one even we didn’t see coming. Social media giant Facebook has recently started dabbling its arms into streaming movie and TV show business, allowing users to exchange Facebook Credits to watch movies with friends. It’s no doubt an interesting approach to streaming video market and one Netflix may quickly start to find alarmingly effective.
Facebook’s recent trial run of the single movie “The Dark Knight” may not be enough proof to make Netflix flinch even a little bit, but we’ve always wondered about the service’s potential down the line (aside from possibly adding video game rentals and getting TV shows faster than Hulu).
The ability to update your status, chat, and make snide commentary during a movie seems like the most logical next step. Well, at least for us boring technology-ites who often find ourselves automatically check into Facebook every day and night, that is.
However, it’s obviously way too early to start raining on Netflix’s parade. They’ve worked hard to get their service on all types of TV hardware far and wide. And as much as we love our Facebook, we are totally against the idea of being forced to watch movies on our laptops when we could be streaming it onto the big screen instead.
Does Facebook have a chance in the streaming video market? What features would make it attractive enough for you to cancel your Netflix membership?