Periscope spills the beans on Mayweather-Pacquiao streams

Manny Pacquiao throws a right at Floyd Mayweather Jr. during their welterweight unification championship bout on May 2, 2015 at MGM Grand Garden Arena in Las Vegas, Nevada.
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Citing copyright violations, Periscope said it axed 30 live streams of the boxing match between Floyd Mayweather and Manny Pacquiao over the weekend, the company announced Monday.

Periscope, a subsidiary of Twitter, forbids streaming of copyrighted material.

A spokesperson for the live streaming platform said it received 66 takedown request from rights holders who paid to broadcast the fight. Periscope removed 30 of those streams within minutes of being notified, while the remaining were no longer available by the time it received the request.

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Periscope's piracy problem

The representative did not specify where the complaints stemmed from. "Broadcasting content that is protected by copyright is a clear violation of our content policy. It's not the kind of content we want to see in Periscope," the company told CNBC in statement.

The bout, which was referred to as the fight of the century in the run up to Saturday's broadcast, was available for about $100 through HBO, Showtime and other pay-per-view platforms.

The event was projected to rake in as much as $300 million in domestic PPV purchases, according to an ESPN report.