With Periscope announcing that it has delivered more than 200 million live streams in its of existence, and Facebook (NASDAQ: FB) actively ramping up its live streaming capabilities, Google (NASDAQ: GOOG) reportedly wants into the game.
YouTube Connect will have features such as chat, tagging and a news feed-style list of the most recent clips from friends or favorite YouTube channels. It will also reportedly have the capability to archive past broadcasts, and stored broadcasts would be visible on YouTube's website, as well.
How is this relevant to the cable industry. Well, as National Cable Telecommunications Association chief Michael Powell said at INTX last year, it's one more piece of video competition for the industry to overcome in the fight to attract millennial-aged consumers.
"Now, we have to figure out how to be a companion to the self-published, self-created experience of our users." Powell said.
You can read FierceOnlineVideo's full report on YouTube Connect here.