Yahoo to Livestream Daily Concert

Company expands commitment to original Web programming

Make room in your TV-watching schedule for Yahoo: The company emphasized its commitment to digital video with new live and original programming and an expansion of its digital magazines at the company's NewFronts presentation today.

CEO Marissa Mayer said that with traditional TV viewing down 1 percent and online video consumption up 28 percent, it's time to pay attention to digital video.

"Users expect online content to be as good, if not better, than TV," she added.

As part of the company's promise to focus on live programming, it will stream at least one live concert per day in conjunction with Live Nation.

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