Yahoo has acquired Evntlive, an online video platform for live concerts. Terms of the deal were not disclosed.
Like many of the companies Yahoo has acquired over the past year, Evntlive will be shutting down and the team will work on Yahoo projects.
"When we started EVNTLIVE in early 2012, we set out to change the way that fans engage with live music online by creating an interactive, virtual venue. 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", the company writes on its website. "Although our service will no longer be available, we are excited to be joining Yahoo's video team."