Nick Thain CEO of Breaking Data said "Facebook Video is a core part of our social media strategy, not only with video in the newsfeed by also Facebook Live, as Facebook continue to test and roll out the midroll video we are excited to work with them and see the results it brings to our revenue lines on a global scale."
Yesterday, Facebook CFO David Wehner expressed confidence in the ramp up of new money-making businesses during an interview with Business Insider after the Q1 results on Wednesday. Wehner cited the Facebook-owned Instagram app, as well as the video ad format, as Facebook's main growth drivers going forward.
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