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Google Is Reportedly Developing a Livestreaming App

Mar 24, 2016

Watch out, Periscope.

Google (goog) is reportedly working on a livestreaming video app called YouTube Connect, VentureBeat reports. The app, which will reportedly be available on Apple (aapl) iOS and Google's Android, may rival services from competitors such as Twitter (twtr) Periscope and Facebook (fb) Live.

A Google spokesperson declined to comment "on rumors or speculation" in an email to Fortune.

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YouTube Connect apparently will not differ greatly from what's already available on the market, according to VentureBeat's report, which cites an unnamed source. "There are chat and tagging features, and a 'news feed' that features the latest clips from your friends or those that you’ve subscribed to on YouTube," VentureBeat reports. The app also apparently lets a user save clips for replay.

YouTube, in fact, already offers a way to livestream video through its Creator Studio, another app the company designed for its content creators. YouTube Connect would presumably extend this capability to more people.

The livestreaming arena is growing more crowded by the day. Snapchat, an ephemeral messaging service last valued at $16 billion, reportedly counted its daily video views at 8 billion, on par with what Facebook last reported. Meanwhile, another video app, Meerkat, recently shifted from a focus on livestreaming to social networking.

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