YouTube Starts to Look Like a TV Network

Lollapalooza Livestream just the latest step

The crowd watching Foo Fighters perform at Hyde Park on June 1.

YouTube may be a technology company at heart, but more and more it speaks the language of traditional TV programmers. The site is unveiling a new deal today with sponsors Dell and AMD to live stream two music festivals: Lollapalooza, during the first week in August, and Austin City Limits in mid-September. The first day of the Lollapalooza festival will be carried on the YouTube’s front page, which has a daily viewership in the U.S. of 50 million people.