MIAMI BEACH — If you think one of the world’s biggest social media companies isn’t serious about entering the over-the-top (OTT) video programming distribution fray, think again.
Today at NATPE Miami, Facebook Head of Global Creative Strategy Ricky Van Heen unveiled a trio of new shows coming to Facebook Watch, including a program featuring noted outdoors adventurist Bear Grylls.
The announcement provided the perfect context for a “View from the Street” discussion on what “FANG” (or “GAFAN,” to use current Silicon Valley parlance) is most dangerous to traditional media. The answer from financial analysts who cover media stocks may surprise you.