According to Silicon Alley insider in this article, YouTube (erm… Google) has never considered a live video service. Mainly due to the impact on hardware and infrastructure costs. It seems Google just doesn’t see much value in Live streaming… at this point.
I suspect they’re still trying to find a monetizing model for YouTube to justify the acquisition… without pissing off the 1,000,000s of YouTube viewers with in-your-face marketing.
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