A new version of MTV's 'The Real World' is heading to Facebook Watch video
October 17, 2018 at 09:14 AM EDT
Facebook's Watch service, launched in August 2017, is personalized around what friends are watching and was a latecomer to the streaming video market. Facebook wants to get more of the video ad market, projected to hit $19.81 billion in the U.S. by 2020 according to consultancy eMarketer. Meanwhile, MTV-owner Viacom is focused on a turnaround plan, overseen by chief executive Bob Bakish who has been in the role since 2016.