Twitter revealed its plans to shut down Periscope live video-streaming app, by March 2021, according to a Tech report issued on Wednesday.
“We probably would have made this decision sooner if it weren’t for all of the projects we reprioritized due to the events of 2020,” Twitter added.
Meanwhile, the firm has been integrating Periscope’s Livestream capabilities into its platform, which it first introduced in the fall of 2016. Users can broadcast live videos on Twitter using the Twitter Live feature when they compose a message.
Moreover, the team behind Periscope the website will remain so current users can access and view past broadcasts. "We still believe in the power of live video to solve impactful problems, which is why we’ve brought most of the core capabilities of Periscope into Twitter, the team added.''
Noteworthy, the firm bought the startup behind Periscope in January 2015 in a deal reportedly worth up to $100 million, in the hopes that personal live streaming video would complement its social media platform.
In 2016, the company went on to make most of Periscope’s functionality available directly through its main app. Also, Periscope enjoyed a brief moment where it was one of the more popular apps people downloaded, even going so far as to play a part in the shutdown of rivals like Meerkat. However, it’s since been overshadowed by platforms such as; Twitch and YouTube.