Yahoo buys concert live-streaming startup Evntlive

December 07, 2013

Yahoo may soon be broadcasting more concerts following its acquisition of live music streaming startup Evntlive.Yahoo has acquired the young company as part of an effort to expand its entertainment offerings, a Yahoo spokeswoman confirmed Friday. It didn’t say how much it paid for Evntlive, which launched a beta of its service only this past April.Eight Evntlive employees will join Yahoo at its Sunnyvale, California, headquarters. The service will be shut down, however, and it remains to be seen how Yahoo will use the talent it has acquired.Despite its young age, Evntlive had streamed hundreds of performances from artists and festivals, it said in its own announcement. Its service let users stream concerts live or on-demand to their desktops, tablets and smartphones. Evntlive also streamed artist interviews and music videos, according to a cached version of its site.To read this article in full or to leave a comment, please click here

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