Periscope Piracy: Mayweather vs. Pacquiao Streams Could Hurt Twitter 

What made matters even worse for HBO and Showtime is that countless people who did pay for the fight used their smartphones to re-transmit the fight to users of Periscope and, to a lesser extent, rival app Meerkat. Each stream reached hundreds or thousands of non-paying fans with a picture quality that was shaky and pixilated, yet still quite adequate.

If Twitter CEO Dick Costolo understood the implications of this activity, he sure didn’t show it in a tweet that declared Periscope the “winner” of the night. There’s no question the app got tremendous exposure that will build nicely off the 1 million downloads impressively achieved in just its first 10 days, a fact Costolo made sure to  mention in the company’s underwhelming first-quarter results last week.

Source: Periscope Piracy: Mayweather vs. Pacquiao Streams Could Hurt Twitter | Variety