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Somewhere, right now, it is night time, and somewhere, you can bet people are partying. It's on that premise that live-streaming web radio site Awdio is built. Awdio streams live feeds from club DJs around the world, with coverage on every continent except Africa and Antarctica and has full 24/7 coverage. The site also streams events from other venues, including bars, lounges, hotels, and concert halls.

According to an AP news story that ran yesterday afternoon, the upcoming MySpace Music service is definitely happening. Based on reports from music executives, who spoke only under the condition of anonymity, News Corp. has approached the four major record labels to discuss the launch of a music service that would operate via the MySpace social networking site. The executives also confirmed earlier rumors about the nature of the services that would be offered - according to them, the service will offer free streaming music, mp3 downloads, and a subscription plan. Can we say iTunes killer?

Since last Spring when I first heard about it, I've been patiently waiting to get my hands on Livestation, a streaming television service from UK-based Skinkers, which is based on technology from Microsoft (who took an equity stake in the company in exchange for rights to the technology). Our digital lifestyle blog last100 previewed Livestation, which uses peer-to-peer technology similar to Joost, last July. Today, Livestation started granting beta access to people on the waiting list.

The rumored launch of Yahoo!'s live video service became reality tonight at Live.Yahoo.com. I'm covering it live, in video below. It looks pretty good though early tests are experiencing scaling issues already. Apparently, the company that gets more web traffic than anyone on earth is incapable so far of handling 400 people watching 30 live video streams. Actually, a flood of early adopters just came in via Twitter and the thing promptly broke - completely as far as I can tell.

The service combines many of the best practices developed by early explorers of the medium, tiny startups that must be very worried tonight. Part BlogTV, part Mogulus and just plain better than UStream - below is a live player and some key points of differentiation. For an in depth discussion of why live video is going to be huge, see this post I wrote last year and the discussion in comments.