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Facebook is mulling buying original videos

That includes "original and licensed scripted, unscripted and sports content," says the executive leading the effort.

Facebook is exploring original video content.
James Martin/CNET

Will you be able to watch your next favorite show right on Facebook?

The world's largest social network said Wednesday that it's exploring funding some of its own original video content. That includes various kinds of programming, including scripted and unscripted content and sports, Ricky Van Veen, Facebook's head of global creative strategy, said in a statement.

He said the idea is to take advantage of things Facebook is known for: lots of users watching stuff on mobile phones, and, of course, social interaction.

"Our goal is to show people what is possible on the platform and learn as we continue to work with video partners around the world," Van Veen said. He co-founded the site College Humor and joined Facebook earlier this year.

Video has been crucial for Facebook as the social network tries to get people to spend more time on its site. Earlier this year, the company added a video tab to the Facebook app, where people can find new video content.

The company has also made a big push in Facebook Live, a feature that lets people broadcast themselves live over the internet and directly onto the social network. CEO Mark Zuckerberg sees the format as the future of his company and has said we're entering a "golden age for live video."

But the grab for original content would put Facebook in more direct competition with YouTube, Netflix and Amazon.

Recode earlier reported the news.