May 6, 2015 6:31 PM

Periscope, live streaming and the Pacquiao-Mayweather fight

Periscope is an app run by Twitter that allows users to live stream anything from anywhere.

But with the app;s endless possibilities also come some disadvantages. Over the weekend some users used the app to stream the big Mayweather - Pacquiao boxing match. That fight cost $99 to order through pay-per-view.

But with Periscope some users simply held their phone up to a TV screen opening up free viewing to all of its users. Some feeds even had over 10,000 viewers at a time.

According to Marketwatch, Twitter said Periscope received 66 reports from "rights holders" about the illegal streams and 30 of those were taken down.

HBO and Showtime brought in around $400 million from the fight but it's unclear just how much the online streams on apps like Periscope took away from that. But just the 10,000 from one of those Periscope feeds would have been almost a $1,000,000 if they had paid to see the fight.


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