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Facebook Stock Forecast: Facebook Watch’s TV-Anywhere Service Increased Its Advertising Reach

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

The launch of Facebook Watch service last month convinced me that Facebook’s advertising revenue this year will reach $36 billion.
Mobile-friendly original and crowd-sourced TV shows are new expansion channels where Facebook can push its targeted advertising services.
Going forward, Facebook could eventually spend $5 billion on original video content like what Netflix is doing. It can recoup this content acquisition expense through ad sales.
Facebook Watch might also become an alternative crowd-source video sharing platform if Facebook starts implementing its own version of Google’s AdSense program.
I Know First has a very bullish one year algorithmic market trend forecast for Facebook’s stock.