“Live from the scene” has always been a key element for the broadcast media in attracting large audiences. This attraction, referred to as the sense of being there or the aspect of immediacy, has always led the broadcasting industry to embrace the latest technology. Digital technology provides great opportunities regarding live from the scene capabilities, not only for traditional media but also for new media. The term “live broadcast” in traditional media has been replaced by “live streaming” in new media. To date, the relationship of live streaming with concepts such as citizen journalism, new media, alternative media have been subject to several studies. As a popular live streaming application, what does Periscope offer to citizen journalism? What does Periscope mean for professional journalism? In this study, considering the answers to these questions, a quantitative content analysis was conducted on live streamings of a sample composed of professional and citizen reporters in Turkey which were streamed through Periscope application in a one-month period and conclusions were drawn regarding the potential that Periscope represents. Live streamings in the sample were categorized into old media format/new media format, inside/outside, breaking/non-breaking, by professional/by citizen, news/ non-news; and durations and audience shares of these categories were compared to conclude on the broadcast formats to which Periscope offers the highest potential.