Facebook is planning to add music videos to watch. Facebook users currently don’t have the right to post official music videos. So users cannot post the full-length music videos.
The social networking giant is currently in the final stage talks with a number of recording labels including Universal Music Group, Sony Music and Warner Music Group for licensing details. If Facebook managed to grab the rights it could provide a viable alternative to YouTube.
It deals went through then Facebook Watch could be a good alternative to YouTube. Currently, Facebook Watch has more than 700 million monthly active users and after the deal, it will definitely add new users. In comparison, YouTube has more than 2 billion monthly active users. Facebook believes that there is a lot of potential in the Facebook Watch. Facebook was launched in August 2017.