Why Facebook's Suggested Video Deal Looks Good for Funny or Die

Comedy site's vp explains how it will work

Facebook made its play to rival YouTube's video ad business on Wednesday, unveiling a plan to monetize videos and share the revenue with creators.

Menlo Park, Calif.-based Facebook will launch a new Suggested Videos product, which will curate content from a select group of early partners including the NBA, Hearst, Tastemade, Fox Sports and Funny or Die. The product, launched on iPhone, is geared toward a mobile audience, though Facebook will roll it out on other devices.

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