The most popular Internet service YouTube has announced plans to organize and establish a channel for online broadcasting on the Internet by the end of 2008. The new service will allow millions of users to broadcast video directly to the Internet around the clock. An attempt to make this service a massive one has been made a long time ago, but the owners of YouTube will start the actual implementation at a serious level only now. Steve Chen (Steve Chen), who stood at the origins of the popular service, said that in order to bring the online broadcasting service to mind and provide a reliable channel, it was not possible before: there were not enough resources. However, after the purchase of the service by Google, it became possible. In 2006, video hosting service was purchased for 1.65 billion dollars.
Experts note that this step is logical for a leader in the market for the provision of video hosting services. By expanding the capabilities of its services with additional capabilities, YouTube will strengthen its position in this market. The service of round-the-clock online broadcasting promises to become very popular and massive (in this YouTube tries to keep up with its current owners of Google)
Joost , BBC’s iPlayer service and large TV channels webcast will be YouTube’s competitors on the TV market. It is worth noting that the opportunity for online broadcasting can attract small television studios and promising art groups that can not afford to use the services of television studios. ')
via Daily Telegraph