New video advertisements in Facebook news feeds could force many users to change the channel, according to CIO.com blogger Bill Snyder. I’ve never had any illusions about Facebook; it exists to make money for Mark “Boy Billionaire” Zuckerberg and his shareholders. So it’s no shock to learn that Facebook is planning to sell commercials, or video ads, for as much as $2.5 million a pop and then push them into its users’ news feeds. The world’s largest social-networking site, with 1.15 billion members, expects to offer 15-second spots to advertisers later this year, according to Bloomberg News. Facebook hasn’t confirmed or denied the claims. The story seems well sourced, Bloomberg reporters are usually accurate, and the publication tracks what’s happening in media these days. So I tend to believe the report. If it pans out, Facebook is going to get even more annoying. The site keeps pushing the envelope on user annoyance with its Byzantine user settings, repetitive privacy violations and targeted ads that follow you from one end of the Web to the other. Users will see the ads as often as three times a day, and they will cost the advertisers $1 million to $2.5 million per day, depending on the size of the audience, according to Bloomberg. Zuckerberg said last week that he’s sensitive to how users react to advertising. He plans to limit the number of ads people see to about one per 20 updates, which means roughly five percent of users’ news feeds will be ads. We’re talking about a video stream in your face, so it’s going to be an especially annoying five percent. Videos are a lot harder to ignore than other types of ads. I also question Zuckerberg’s commitment to keep ads at this level. Facebook’s stock is finally gaining some real value, and that’s because the last earnings report was boosted by ad revenue from mobile users. If these TV-style ads are successful, there will be enormous pressure on our boy to ramp up frequency. Funny thing about Facebook: Every time I start to feel good about the site, it gets in my face with something new and intrusive. I have a friend who is seriously ill, and Facebook has been a great source of support for her. If I check in to see how she’s doing and am confronted with a video commercial, it could really detract from that experience. Facebook can’t exist without advertising; it’s naïve to think otherwise. But pushing TV-style commercials in our face could be a bit much. Image: Gizmodo.com Related content feature Expedia poised to take flight with generative AI CTO Rathi Murthy sees the online travel service’s vast troves of data and AI expertise fueling a two-pronged transformation strategy aimed at growing the company by bringing more of the travel industry online. By Paula Rooney Jun 02, 2023 7 mins Travel and Hospitality Industry Digital Transformation Artificial Intelligence case study Deoleo doubles down on sustainability through digital transformation The Spanish multinational olive oil processing company is immersed in a digital transformation journey to achieve operational efficiency and contribute to the company's sustainability strategy. By Nuria Cordon Jun 02, 2023 6 mins CIO Supply Chain Digital Transformation brandpost Resilient data backup and recovery is critical to enterprise success As global data volumes rise, business must prioritize their resiliency strategies. By Neal Weinberg Jun 01, 2023 4 mins Security brandpost Democratizing HPC with multicloud to accelerate engineering innovations Cloud for HPC is facilitating broader access to high performance computing and accelerating innovations and opportunities for all types of organizations. By Tanya O'Hara Jun 01, 2023 6 mins Multi Cloud Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe