Yahoo Live Shutting Down

Back in March I was able to watch the Winter Music Conference shake its groove thing at night thanks to Yahoo Live.  It seems that Y! Live will be shutting down on December 3, 2008.

Earlier this week I read about Revver having financial issues, but the Founder answered the rumor and stated that they were simply migrating to a different and better provider.

I personally dont believe  him, but lets pretend that its the full truth.

I would be curious to see how the financials of companies like Blip.tv, Justin.tv,  Viddler, Vimeo, etc. and how they will weather the months ahead of fewer ad dollars to spend.