Mike Isaac

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Yahoo Acquires Evntlive, a Concert Streaming Video Service

evntlive_screensYahoo announced Friday it had acquired Evntlive, a streaming video startup that broadcasts live concerts and events to online viewers.

The company was founded in 2012 and launched the beta version of its service in April.

As a result of the acquisition, Evntlive will shut down its existing service, and its employees will join Yahoo’s video team to work on Yahoo Screen and Yahoo Music, according to a statement made on Evntlive’s website on Friday afternoon.

Evntlive had previously raised about $2.3 million in seed funding from investors such as Vint Cerf, Yogen Dalal, Ellen Levy and Steve Wadsworth, among others, according to CrunchBase data.

Terms of the acquisition were not disclosed.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work