YouTube to launch its own live channels

YouTube is preparing to challenge established television broadcasters by offering its own live channels, reported The UK Observer. Millions who use the site will be able to produce chat shows from their bedrooms, perform music or report on a breaking news story under the new plans. Parties or weddings could be transmitted live so family and friends unable to attend can still join in. Dedicated users may even set up 24-hour "lifecasts" of their daily activities.

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