IGTV Coming For YouTube?

So Instagram just launched a new service called Instagram TV, also know a IGTV. The big question that everyone is asking is will IGTV compete with YouTube. There is no doubt that there is now a competition between the two companies, battling it out to win each and every last creator. So which do you choose? Music used in video: Drake - God's Plan Equipment I used! iPad Pro 9.7(editing device)&(filming device) iMovies(editing software) VideoLeap(editing software)