In August, Reddit launched a week-long test of livestream functionality for users. This could be a beta launch of the livestreaming and an opportunity for Reddit to test the waters.
Should they roll out the feature across the platform, it will be another useful broadcast outlet for businesses, artists and brands looking to grow and engage with their audience.
TikTok’s New Venture Could Merge Community and Music Streaming
TikTok has patented TikTok music which leads to the possibility of a music platform, a distributor or shop. This could make TikTok a competitor to Apple music and Spotify as a new contender in the streaming business.