Twitter: Periscope Has To Fend Off Live.ly

Alex Pitti profile picture
Alex Pitti
3.57K Followers

Summary

  • Livestreaming is a trend that will grow in popularity over time.
  • Facebook Live and Periscope are on top now, but YouTube Connect will make a splash when it's launched in a few weeks.
  • Live.ly has rocketed to the top of the App Store springing off the success of Musical.ly.
  • I'll examine Livel.ly to see if it can compete with Periscope.

The livestreaming space is rapidly changing as no company has been able to dominate it yet as it is in its nascent stage. It's difficult to determine how it will play out. Will one company dominate the space or will there be a few popular ones? With linear TV various cable and satellite providers all carry networks? If a company has a popular livestream and it is easy to put it on a few platforms, then why not? Another scenario would be it being like internet video which is dominated by YouTube (GOOG) (GOOGL). There has been recent growth on Facebook (FB), but that's still from an established large player opposed to a new startup that would have no shot at competing with YouTube.

With livestreaming there is an opening, so there is the possibility of YouTube or Facebook dominating new space or a new player coming into the fold. New firms have a greater incentive to innovate. They have to have a better product then what established players have or they will go bust.

The biggest players in the space are probably Periscope (TWTR) and Facebook live, but they don't own the industry by any means. The whale that is YouTube hasn't released its new version called YouTube Connect, which takes aim at livestreaming. I will have an article on it when it is released, but until then we just have to assume it will probably make a splash. Snapchat (CHAT) is another app that should release a product into this space since it already has video calling and is a social video app.

The newest entrant into this space is an app called Live.ly, which is made by the same people who made the Musical.ly. It's amazing how quickly the social space changes. The companies who combine a viral appeal with

This article was written by

Alex Pitti profile picture
3.57K Followers
I am a generalist investor who is willing to do the research in anything I can become competent in. Lately, that has been value stocks because of the speculation in growth (anti bubble thesis). I write about the macro economy for upfina.com. I share my portfolios each month on Twitter (taxable & IRA). It's usually in my pinned tweet.

Disclosure: I am/we are short FB. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (26)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.