Facebook’s 2 billions users spend about 50 minutes a day on Facebook, which begs the question: what does Facebook want you to do with the other 23 hours and 10 minutes of your day?

On Wednesday, the company’s plans for that remaining time became clearer. Yep, it’s here: meet Facebook Watch.

Facebook Watch marks the social network’s entry into the high-end video scene. It’s an arms race that already includes Netflix, Amazon, Twitter, Snapchat, Hulu, Google (YouTube), Apple, Comcast, Verizon, Sony, and many more.

Watch features original and exclusive video series, from a handful of big-name partners that span the media landscape. Digital natives like BuzzFeed and Tastemade are making content for Facebook, as are legacy companies, like Hearst and A&E. (Disclosure: Mashable is also a Watch partner.) …

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