Yahoo acquired concert-streaming platform Evntlive, which immediately shut down its ongoing operation. The Evntlive site carries an announcement of the takeover. No world on how much Yahoo spent. Evntlive was seed-funded at $2.3-million.
In a takeover/shutdown of this sort, it is unclear whether the service brand will re-start as a stand-alone property. Its technology platform could be integrated into an existing Yahoo service such as Yahoo Screen, which is cited in Evntlive’s announcement.