> Live has a _huge_ advantage in the storage side. In a purely "live" sense all of the content is temporally synchronised; every viewer is requesting approximately the same segments at the same time. Store the current chunks, and the last few minutes of seek time, in memory and put out on the wire to all of the viewers. Twitch talked about this a bit just before/after the AMZN acquisition.

With Netflix's Live events, you can seek anywhere up to time zero, not just the last few minutes.