Chen: YouTube live video will launch this year

With Google's help, developing the feature for YouTube is now more realistic, co-founder Steve Chen tells's Sarah Meyers.

Although streaming video on the Web is nothing new, it has yet to make its way onto YouTube. But that could change over the next 10 months, co-founder Steve Chen tells Sarah Meyers in a video report posted Thursday.

Meyers' report, cited on Friday by one of Pop17's sponsors, TechCrunch, highlights her personal interest in the prospects for live video on the Web and includes a brief interview with Chen at the "Videocracy" party Google threw on February 13 at the Terminal 5 club in New York.

Live video has long been on YouTube's wish list, Chen says amid the din, but with Google's resources at hand, it's expected to become a reality sometime in 2008.

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