Yahoo! Live is a new experiment in live video from the Advanced Products team at Yahoo!. Y! Live makes it possible for anyone to create their own live video experience. Broadcast the concert you’re at. Webcast your own live DJ set. Lifecast. Build your own live video speed dating application.
It's a tool which lets you broadcast yourself from your webcam to the web, on the site or embedded wherever you'd like (e.g. your Mash page, your MySpace, or your blog). But if you're really talented you could use Y! Live to become famous too.
For viewers: How is Y! Live different from other online video sites? That’s simple: it’s live. What you’re watching, right now, is what other people are watching, right now.
For broadcasters: You’ve been posting your stuff to MySpace and YouTube. Now, connect with your fans in real time on Y! Live. There is something intangible about a live performance – an excitement that you can’t replicate in pre-recorded format. Broadcast a performance, interact with your fans with video and chat, embed your broadcast anywhere - it’s all possible on Y! Live.
For developers: Yahoo! Live APIs are available for developer. APIs let you display, hack and mashup live video streams on your website or in a client application.
Thought service looks similar to the Justin.tv and Ustream.tv, Yahoo! says it's different from them.
"We tip our hats to Justin.tv and Ustream.tv – they were an inspiration to us and have created awesome services and built strong and loyal communities. What you’ll see in the coming months from us is a series of new additions to Y! Live which will make it more useful as a platform for broadcasters and developers. Our vision for Yahoo! Live is to create a platform for live video. Stay tuned."
Note that Y! Live is an experimental and a limited capacity release.
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