The Japanese video sharing site Niconico Douga's English service just released Nico Live to beta test. During the beta test phase, you can get premium account for just 25 cents. Normally, the premium account costs $5.99 per month. The premium account is required to stream broadcasts, but anyone with an account (free or premium) may watch.

Live broadcasting has been available on the Japanese service for over 3 years.

Site: Nico Live is Out