Facebook to offer video ads
Facebook Inc will begin selling video ads later this week and plans to make an announcement later today.
That’s according to sources speaking to the Wall Street Journal, which cited people familiar with the matter.
The ads will play automatically in users’ news feeds and may help Facebook capture a share of the $66.4 billion that advertisers are expected to spend on US television this year, the Journal said.
One of the first ads to be played will be a short tease made specifically for Facebook for the upcoming film “Divergent,” according to the newspaper.
Facebook could not immediately be reached for comment.