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Facebook buys LiveRail in bid to boost video ads
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  • Facebook buys LiveRail in bid to boost video ads

Facebook buys LiveRail in bid to boost video ads

FP Archives • July 3, 2014, 15:19:05 IST
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Facebook Inc is acquiring video advertising company LiveRail in the Internet social network’s latest step to make video ads a bigger part of its business.

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Facebook buys LiveRail in bid to boost video ads

Facebook Inc is acquiring video advertising company LiveRail in the Internet social network’s latest step to make video ads a bigger part of its business.

Facebook did not disclose a price for the San Francisco-based company, which was founded in 2007 and has offices in several countries.
[caption id=“attachment_75608” align=“alignleft” width=“380”] ![Getty Images](https://images.firstpost.com/wp-content/uploads/2014/02/facebook-getty.jpg) Getty Images[/caption]
LiveRail’s technology automatically pairs video ads with the videos that appear on many websites, such as the sites for Major League Baseball, ABC and A&E Networks.

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Facebook would not discuss plans for using the technology on its own website.

In March, Facebook began offering 15-second video ads from a limited number of companies on its website. The company has moved cautiously in introducing the video ads on its social network to prevent a backlash from users who might find the ads annoying.

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Video ads command higher prices than other forms of online advertising such as banner ads. Facebook and Internet rivals like Google Inc are increasingly trying to grab a slice of lucrative TV-marketing budgets as they try to sustain rapid growth.

Reuters

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