YouTube To Add Live Video This Year

Steve Chen: YouTube to Add Live Video from NewTeeVee reports that YouTube’s founder said they will be adding live video support this year. Videoblogger Sarah Meyers asked Chen about video blogging, in which he said:

2008. We’ll do it this year.

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 do it this year.

Here is the video of his response:

There are many sites that offer live video, and we all know Yahoo recently launched Yahoo Live, which does live streaming video as well.

How might this stream into search? Well, Google has been seriously pushing video ads and this is just one more way to generate content to stick ads in – preferably contextually relevant ads.