Facebook Moves Into Radio With New Live Broadcast Option

By Caitlin Huston Markets MarketWatch Pulse

Facebook is going into radio with the addition of a Live Audio function. The company said Tuesday that the new feature, as part of Facebook Live, would allow publishers to broadcast live recordings. Facebook partnered with the BBC World Service, LBC, Harper Collins and two authors, Adam Grant and Britt Bennett, to test out the feature. It plans to roll it out more broadly in early 2017. Shares of Facebook were down less than 1% after hours Tuesday.

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