Popular music video app Musical.ly released another hit in new livestreaming app Live.ly

Briefing

Popular music video app Musical.ly released another hit in new livestreaming app Live.ly

February 21, 2017

Briefing

  • Popularity of Musical.ly – Musical.ly, which started out as a 15-second video platform for lipsynced music videos, has become popular among North American teenagers, rising to top of app charts
  • Musical.ly Users – Comprised of over 90 million users, with 40% in the U.S., 40% in Europe, and remaining 20% in South America and Asia
  • New Livestreaming App – Startup behind Musical.ly created new live streaming app, Live.ly, which lets people engage fans and friends, and has become hit with same teen fan base
  • Fusion of Influences – Has both Asian-inspired features, such as virtual gifts and live floating comments, as well as Western-inspired features

Accelerator

Business Model and Practices

Business Model
and Practices

Organization

Musical.ly

Source

Original Publication Date

November 22, 2016

Leave a comment