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YouTube live streaming service launches by Nov 22, 2008?

Eric Hill
Comments 8
This prediction is closed and has been judged.
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Judgment on Dec. 1, 2008: This did not meet the spirit of the original prediction as it was understood at the time, and therefore is being judged as having not occurred. The community got it right. -- The Industry Standard

Original prediction: YouTube has been promoting its YouTube Live event since October 2, 2008.  The event, scheduled for November 22, 2008, is to be a two-hour live streaming concert/variety show/party in front of a live audience in San Francisco, not to mention those tuning in online.

Is this event simply a celebratory pat on the back and some community stroking, or the launch of a more strategic live streaming service?  Currently, all of YouTube’s content is delivered via recorded clips.

While the business model of such a venture is currently shaky at best for unpredictable community-based content to draw advertisers (see Yahoo Live!), YouTube sees the writing on the wall as competitor Hulu begins to stream live broadcast events.  And, Hulu has an advertising model and framework in place via NBC/Fox.   YouTube could theoretically stream sponsored events like live concerts to build a new revenue model and expand its brand.

Prediction:  YouTube will announce the launch of a YouTube Live service that will provide streams of live content – as a continuing service or “channel” - on, or before, November 22, 2008.  This needs to be an obvious announcement of a new business strategy, not simply a quiet "behind the scenes" offering of live streaming video on the random occassion.  

Will YouTube do it?  Let the community decide.  Place your bets below.

Price History

Prediction Statistics

Betting Closes:Nov 22 2008Current Consensus:23.15%Total Bets:17
Today's Change:
0%
Life Time High:61.06%
Life Time Low:22.27%

Comments

"And while it seems like its going to be a pretty big event, there is no word yet on whether or not this is related to an official launch of live streaming services." Wired's epicenter


According to this article from Silicon Alley Insider, this event is a launch and not a one-time event.

"According to one of our sources, the YouTube Live! event planned for Nov. 22 is a launch event. Until now, it seemed likely (if unwise) that Google (GOOG) would launch a live-streaming video service to rival Ustream or Justin.Tv. "


From http://news.digitaltrends.com/news-article/18392/youtube-to-launch-live-... and http://uk.reuters.com/article/idUKN1040742920081112?pageNumber=2&virtual...

"YouTube says it plans to stage additional YouTube Live events after the November 22 outing"


Indeed, with all of the "speculation" that this is indeed a launch of some new service (although, future live events that are unscheduled and randomly promoted aren't the same thing), I'm impressed by the community's ability to cut through all of the noise. People must be thinking that this is simply a new marketing stunt from YouTube, not really a "channel" or "continuing service", which I'm leaning towards as well, based on what's been leaked thus far.


Before I make a final judgment on this, I want to point out that 1) there is now a YouTube "Channel" called Live. See here. It's the first channel listed. 2) All reports seem to indicate that YouTube will continue to produce live events in the future.

That being said, I saw no "official" statement as to a schedule, or any obvious planned statement of intent.

YT definitely did not roll out a live streaming service (see Justin.tv) in the "life casting" realm by any means. There are no current live channels to view live streaming content.

So, I'm leaning towards a 0% judgment on this, but wanted to see if there were any viewpoints from the other side.


My opinion is the this prediction did not come true and should be judged at 0%.

http://www.alleyinsider.com/2008/11/youtube-didn-t-launch-live-streaming...


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