Stock in News: Facebook (NASDAQ FB) Inks A Huge Deal With NFL & Verizon

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Facebook (NASDAQ FB) has got itself another piece of good news. After FB hit an all time high, the stock has some more news to cheer about. FB has signed a deal with NFL. According to this deal, NFL match videos and videos related to the event, would be shown on the biggest social networking site of the world. This would be a major deal for Facebook which should help them with their on line video streaming project.

Facebook has already become a big name in the on line video category. They have been used by users quite frequently now. This deal should have a good impact on the number of users. Facebook and NFL would also benefit from the ads which would be shown on Facebook after the videos end. The ads would be mainly from Verizon which targets to score high among the NFL fans.

The deal between NFL and FB comes at a time when people are getting excited about the NFL season. Many would be glued to their seats, looking forward to the action. This should help FB get a lot of activity on its sites. Reportedly, FB is looking for similar partnerships.

Facebook Inc: FB looking Good

FB has branded this move as a test of how exactly people- users, publishers and owners- react to online video content. NFL had a similar deal with twitter last year. The deal saw twitter getting more match coverage and user activity during the season.

Facebook has been looking as a dominant force in the online video category. People have taken this move from Facebook as a very positive one. Through dominance in videos category, FB hopes to add a lot of advertisement based revenue. Apart from the NFL deal, FB is also trying to get more youtube video creators on FB.

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Facebook Inc (NASDAQ FB) Business News

Facebook has been performing really well on the market. The stock soared high in the past couple of weeks. News of such deals can only help the health of the stock.

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