The Founder of Myspace Brad Greenspan’s LiveUniverse launches the newest addition of its properties called LiveVideo.com. LiveVideo is a customizable video streaming community that allows users to watch, upload, search and share videos, allowing you to have a completely interactive video sharing experience!

Greenspan has been on a rampage with Social Media sites - after last months majority stock purchase in Flurl.com, an independent video search website, which indexes over 1,000 online video sites and flash video. In addition to this summers launch of vidilife.com, Greenspan’s latest LiveVideo site will be one to watch.

There is no question that Video is the new Hot button for internet users - just look at the impressive statistics of Youtube…

• In a single month the number of videos on the site grew 20% to 6.1 million
• YouTube has some 45 terabytes of videos
• Total Video views reached 1.73 billion
• The total time people spent watching YouTube since it started last year is 9,305 years

So with all of these stats to consider, this is obviously a major market of ravenous users in search for the worlds funniest home video.
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