Facebook has been making moves to include podcasting and live audio services on its platform. A year after launching the push, Facebook seems less interested than before with these new products being added to their already existing offerings of video content for users’ feeds alongside songs from Spotify or Apple Music among other things that people can do on mobile devices while traveling without having access through desktop computers at home
But it looks like there may be some hope yet because Instagram just announced they’re acquiring Pluto TV – which offers streaming channels
With podcasting becoming increasingly competitive, Facebook is scaling back its efforts in order to focus on other initiatives. These include metaverse events and e-commerce partnerships with podcasters of all sizes across the board – from short videos through long-form content creators like independent artists or bands who have big followings online but don’t always make it onto major platforms like Spotify’s listening page due simply because they’re not signed there first (or at all).
In an email to TechCrunch, Meta said that it has seen good engagement with its audio features and believes this medium is important for expression. The company also added some feedback from creators about what’s been working well so far as well as areas where they need more support or guidance in making their content accessible through sound alone
With Facebook looking into creating a training program to bring creators onto their platform, they have yet again failed. In addition after sponsoring the Podcast Movement conference last August and not sending an employee or meta member for it this time around either Bloomberg reports that some of these initial Live Audio Room deals are now expired as well
Facebook has been making a lot of moves lately, and its audio venture is no exception. The company invested $2 billion into ClubHouse last year when it was valued at four times more than this time around; they were hoping to take on Spotify and Apple with their own podcasting market which would give them access not only through voice but also sight (sight meaning pictures). But will Facebook ever be able compete financially? There’s always money for now since CEO Mark Zuckerberg announced earlier in 2018 that his team had dropped nearly ten billion dollars thus far – though some wonder if there might come an point where funding
Meta’s recent pivot to the metaverse in regards its relationship with podcast partners isn’t exactly a surprise, but it is interesting given their parent company’s rebranding and decision prioritize what they call “the ultimate virtual world” over other things. For example; this year at F8 developer conference will not be held because of these changes which also includes renaming from Microsoft Windows Division (MSFT) back into simply Microsoft after originally being called Consumer PC Company some time ago too long ago!
Live audio is still largely dominated by Clubhouse and Twitter Spaces, but these platforms are trying to retain users with reworked features. As restrictions have been lifted around the world in recent months live event attendance has increased again allowing for more engagement opportunities between attendees and hosts on their respective sites
The majority (96%) of global respondents indicate that they use social media channels like Facebook or Instagram; however only 24% admit there’s “always” at least one digital assistant device connected directly into your TV screen – meaning you’ll never be too far from discussion topics when watching Netflix anymore!
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