Evntlive, an online platform for live concerts,has been acquired by Yahoo. The news was disclosed by Evntlive team on their website.
“Since launching our beta service in April 2013, we have live streamed hundreds of performances from amazing artists and festivals to fans all over the world,” although our service will no longer be available, we are excited to be joining Yahoo’s video team” the company wrote on its website.
Founded in late 2011, Evntlive was launched in beta in April 2012 after raising $2.3 million in funding from notable investors including Vint Cerf .
First hiring Katie Couric and now acquiring Evntlive, it seems that Yahoo is preparing its arsenal for an ultimate war.
via SocialAppsHQ Blog http://www.socialappshq.com/blog/2013/12/07/yahoo-overtakes-evntlive/
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