YouTube goes LIVE | Not Just Recorded Videos, Watch Live Streaming now
If you are searching for old videos or events, YouTube is the place to look at. With the rising popularity of YouTube (read dominance), the people at YouTube have decided to take it to the next level. Now, YouTube will allow selected partners to stream live video (sporting events, concerts, interviews and the like).
You can check out these live streaming videos at YouTube at http://www.youtube.com/live/. YouTube Live has just been rolled out today. In true YouTube fashion, they are also allowing you to subscribe to the live streaming channels. So the day is not far away when you might catch a live cricket match on YouTube itself !
Source : The Official YouTube blog