Instagram has confirmed that it is working on a Live Video feature. Kevin Systrom, Instagram CEO told the latest development to Financial Times in an interview
Live is really exciting for us. I think it can enhance what we’re doing. If I’m trying to strengthen relationships with someone I love, them streaming video to me live would be an amazing way to be closer to them.
Systrom told FT.
A report last month had stated the possibility of Instagram adding Live Video feature to the app. The live broadcasts show up alongside Stories at the top of the app. The screenshot in the report also showed a “schedule” button at the top right of the display.
Instagram’s parent app Facebook already has the Live Video feature that has become popular in a short span of time. There is no word on when the feature will arrive or how it will work on Instagram."Instagram confirms it is working on Live Video",