ReadWriteWeb

When Yahoo! launched its live video streaming service, Y! Live, to the world earlier this year, it was admittedly an "experiment in live video" designed to elicit feedback from the market. Today, Yahoo! has decided that the experiment has received enough feedback - or perhaps too little. They're going to be closing the service down on December 3.

Here at ReadWriteWeb, we've remained proponents of live streaming video, claiming more than once that it is "going to be huge." If that's the case, why is Yahoo! pulling the plug on Y! Live so quickly?