Steve Chen: YouTube to Add Live Video

YouTube will support live video before the end of this year, co-founder Steve Chen told Pop17 videoblogger Sarah Meyers. Check out the clip:

The background party music is thumping, so here’s a transcript:

Meyers: “When are you guys gonna do live video on YouTube?”

Chen: “2008. We’ll do it this year.

“Live video is just something that we’ve always wanted to do, we’ve never had the resources to do it correctly, but now with Google, we hope to actually do it this year.”

Justin, you better haul your life-streaming rig over to San Bruno while there’s still time to cut a deal. Meanwhile, the guys at Yahoo Live should be totally psyched to relinquish the title of being the last people in the world to launch their own live video service.

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