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There’s a lot happening in the 360° video space, with cameras on the market from 360Fly and Ricoh, and more coming soon from LG, Samsung, GoPro and more. While all of these cameras can take photos and record video in a full three hundred and sixty degrees, very few of them have the capability to live-stream their 360 video to the Internet.

We know that YouTube is experimenting with their live steaming support for 360 video at the moment and we wanted to know if the 360 camera we have on hand at the moment would be capable of supporting it. At the moment, the LG 360 Cam doesn’t support live streaming, and we’ve had official word from LG that there are no plans to support it on this hardware in future.

This is a bit of a shame, but we can understand why this might be the case; live encoding video can be rather processor intensive, and it would require some smarts to get the video from the camera to the phone, and from the phone on to YouTube.

We know it’s doable, because others are doing it, but LG doesn’t have plans to do so just yet. I have a sneaking suspicion that Samsung won’t be supporting it either on their upcoming Gear 360, but as the final specifications haven’t been confirmed there yet, we may well be surprised.

Stay tuned for our upcoming review of the LG 360 Cam and the other LG Friends, which should be ready in the next week or so.