Reports suggest that Alphabet Inc.’s subsidiary Google is developing a live-streaming app called YouTube Connect, which will provide live streaming capabilities to most of its users. Currently YouTube offers this capability via its app called Creator Studio, for users who have a verified channel of good standing on YouTube. Google’s competitor Facebook recently announced that it is extending its live video streaming capability “Facebook Live”, which was launched in August last year to all Apple iOS and Android users in the U.S. Another popular live streaming app, Twitter’s Periscope, has genertaed over 100 million live broadcasts from users since its launch last year. Twitter recently integrated the live broadcasts directly into Tweets. While Google has not confirmed news reports of YouTube Connect, we believe investing in live video streaming capability on a large scale via a mobile app will be essential for YouTube to maintain its competitive edge.
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