By Consultants Review Team
Since Elon Musk aquired X (formerly known as Twitter) in 2022, the company has undergone significant changes. Previously, X was merely a microblogging platform that allowed users to express their opinions with the world in a restricted number of words. But today, the social media platform wants to be much more. From job posts to the possibility of letting users to make payments on the platform in the future, X has evolved beyond what we ever understood. According to a recent rumor, Musk plans to compete with YouTube in the video streaming industry by releasing a TV app shortly.
According to Fortune, Musk plans to compete with YouTube by releasing a TV app as early as this week. According to a person familiar with the situation, the TV app would first be accessible on Samsung and Amazon Smart TVs. The insider also stated that Musk wishes to encourage X users to view films on a larger display.
The newspaper also stated that the source did not want to be recognized since the situation is still private and they cannot officially speak to the press about it. Furthermore, according to the source, Musk intends to compete with live-streaming site Twitch, messaging tool Signal, and social media network Reddit in addition to YouTube.
YouTube has long dominated the video content area, much as Google Search has done in the internet search space. Content producers, influencers, movie fans, gamers, and a variety of other communities avidly seek content on the video streaming network, which was founded in 2005. It will be intriguing to observe Musk's attempt to compete with the video content behemoth through X.
Musk's intentions to compete with YouTube are not entirely unexpected. Last year, it was revealed that X was a video-focused platform. Musk also discussed the smart TV app when chatting with a user on X. When a USER expressed the need for a Twitter video app for Smart TVs because watching long movies on a phone is not really practicable, Musk reacted to his tweet with, 'It's coming'.