Mountain View (CA) - Thanks to its financial backing from Google, Youtube now plans to offer live video streaming by the end of 2008.

Steve Chen, co-founder of the popular video sharing site, told Pop17.com at a recent PR event, "Live video is just something that we've always wanted to do.  We've never had the resources to do it correctly, but now with Google, we hope to actually launch something this year."

Google acquired the site last year for over $1.5 billion.

The feature would allow users to submit video through an Internet-connected video camera, like a webcam, to stream live content to viewers across the Web with more features than traditional webcam features.

A few other websites, like Justin.tv, already allow live streaming, with real-time text chatting and a unique URL.  Other services include Ustream and Mogulus.

Oh goodie...

Mar 03, 2008 13:49     

Now we can watch idiots jump out of moving cars, blow up stuff with mentos/diet coke and make crappy music videos, all in real-time! ;-)
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Justin.tv has competition now.

Mar 03, 2008 18:39     

JTV is pretty damn good already but we will see what happens.
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tv show on youtube

Mar 04, 2008 06:25     

I hope there are good fellows that will broadcast real time tv shows on youtube for us that dont live in the US. No more waiting until the other day to download them! That would be really nice!
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