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New YouTube Live Stream Threatens Ustream and Others

During Google's I/O conference which took place on Wednesday, Google announced that will be opening the live streaming option to almost anyone which puts some pressure on services such as Ustream, Livestream and Google says that any channel with over 1000 subscribers will now be able to have the option to live stream. This is great news for producers as they will now have the availability to live stream their sets, hanging out, or whatever else they feel like live streaming.

[Source: GigaOM]

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