Facebook is planning a more direct assault on YouTube, sources say

Facebook is talking about expanding its TV-like service, Watch, into a rival to Google's YouTube by opening the platform to more individual creators, according to several people familiar with the plans. This would increase the amount of long-form video content that Facebook can sell ads against, and could reverse a decline in the time users are spending on the site.
Read more: https://www.cnbc.com/2018/02/05/facebook-wants-to-open-up-its-videos-platform-to-more-online-influencers-and-advertisers-.html?source=Snapzu