How your smartphone threatens?
When fans showcase their favorite athletes on Twitter or Instagram, sports teams have been enthusiastic enablers. But a new live-streaming video app is threatening to undercut one of pro sports’ biggest revenue sources: TV rights fees.
The app, called Periscope, recently was purchased by Twitter and is sparking speculation that it will do to live broadcasting what Napster did to the music industry. It enables users to broadcast in high definition free from their smartphones, and fans are using it to stream team events from warmups to game action.
More information: http://www.chicagobusiness.com/article/20150508/ISSUE01/150509841/how-your-smartphone-threatens-pro-sports-teams-bottom-line