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Facebook may be 'all video' in 5 Years, VP says

Your Facebook feed may become a lot more lively within the next half decade. The social network could become "all video" within five years, Nicola Mendelsohn, vice president for Facebook in Europe, the Middle East, and Africa, said at a Fortune event Tuesday.

At Fortune's Most Powerful Women International Summit in London, Mendelsohn said Facebook would "definitely" be mobile, and would "probably" be "all video" within the next half decade, Fortune reported.

"If I was having a bet, it'd be video, video, video," Mendelsohn, who oversees 433 million users in her region, said on stage at the event. Facebook Live is also "a bigger, faster phenomenon" than her company expected, Fortune reported, and Mendelsohn said people "are loving the behind-the-scenes content."

Users currently watch an average 100 million hours of video on Facebook mobile per day and daily views have increased from 1 billion to 8 billion in one year, Fortune reported.