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You can now stream nonstop on Facebook Live! The company announced an upgrade from the 90-minute limit previously imposed on streams using Facebook’s Live API, but you won’t be able to rewind streams to play back later.



But that’s not everything. The broadcasters now can make the video available to users in a specific location. Facebook recently rolled out multi-camera support and the ability to add on-screen graphics. Maybe this is the beginning of the new Facebook Channels. It’s a matter of time before you start asking “Who is your favorite facebooker?“

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I agree! Looks like they are competing with the likes of Vimeo, Twitch, Youtube, etc.
I would say that what they're doing has good premise etc, and if it was integrated properly with their current network it could work well. I would also like to see them use this platform for updates of news, disasters etc.

Having the ability to tag for stuff like: "EARTHQUAKE" etc, would be good. This would mean that people could let their friends and family know that they're ok, and give them a live update on their situation and have it delivered as an 'important message' to their friends list (or those selected.)

This does however have good promise. I can't wait to see how far they go with it.