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The service officially launched as Facebook Watch on August 10, 2017. For short-form videos, Facebook originally had a budget of roughly $10,000–$40,000 per episode, [1] though renewal contracts have placed the budget in the range of $50,000–$70,000. [2] Long-form TV-length series have budgets between $250,000 to over $1 million. [2]
YouTube announced that cumulative views of videos related to Minecraft, some of which had been on the platform as early as 2009, exceeded 1 trillion views on December 14, 2021, and was the most-watched video game content on the site.
Facebook Live was used by the perpetrators of an incident in which four black young adults kidnapped and tortured a mentally disabled white male. [121] All four were charged and convicted of hate crimes. [122] Facebook Live was also used by Brenton Tarrant, perpetrator of the Christchurch mosque shootings to broadcast the attack on Al Noor Mosque.
Facebook has been criticized for having lax enforcement of third-party copyrights for videos uploaded to the service. In 2015, some Facebook pages were accused of plagiarizing videos from YouTube users and re-posting them as their own content using Facebook's video platform, and in some cases, achieving higher levels of engagement and views than the original YouTube posts.
In 2020, Facebook, Inc. spent $19.7 million on lobbying, hiring 79 lobbyists. In 2019, it had spent $16.7 million on lobbying and had a team of 71 lobbyists, up from $12.6 million and 51 lobbyists in 2018. [127] Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [128]
YouTube is an American social media and online video sharing platform owned by Google. YouTube was founded on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of PayPal. Headquartered in San Bruno, California, it is the second-most-visited website in the world, after Google Search.
After live videos having skyrocketed on Facebook in the last months, the social network launches Facebook Creator, an app for mobile video posts offering influencers Live Creative Kit for adding intros and outros to broadcasts, a unified inbox of Facebook and Instagram comments plus Messenger chats, cross-posting to Twitter and expansive analytics.
Facebook investigations revealed that Archimedes had spent some $1.1 million ($1.31 million in 2023 dollars [31]) on fake ads, paid for in Brazilian reais, Israeli shekels and US dollars. [334] Facebook gave examples of Archimedes Group political interference in Nigeria, Senegal, Togo, Angola, Niger and Tunisia. [335]