YouTube got into the live streaming business on Friday when it began to host live streams from trusted partners on its website. The field will be opened to more qualified partners sometime in the future. Cool. What time does iCarly come on?
Limiting participants, requiring a certain kind of encoder and keeping it out of the mobile space are all part of what Google says in an attempt to ensure a level of quality.
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Source: http://www.hardocp.com/news/2011/04/09/youtube_gets_into_live_stream_business/
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