The popular music and arts festival is streaming live on the Coachella YouTube channel from April 15 – 17.

Here’s the artist line-up:

The actual schedule can be found here (hat tip to Clicker).

YouTube is actually placing a great deal more focus on live content these days. Last week, the company announced the launch of YouTube Live, a new destination for live content on YouTube, as well as platform for streaming live video.

Unfortunately, the platform wil not be immediately available to all users – only trusted partners – but clearly, users still benefit by having more video of live events, just like Coachella.

Popular Concerts Coming Soon To The Web

Hey Dave?

Yes?

I want to go see Coachella. It’s on the 29th and 30th.

Have a nice time.

Lend me money for tickets?

I didn’t quite catch that.

I’m sorry, I said, “how much are tickets going for at Coachella?”

Two-day pass runs $165 plus fees.

Fees?

Ticketmaster.

Ah. Maybe I’ll head to New Orleans for the Jazz Festival, it’s a shorter drive.

Big Chief VIP passes sold out for the first weekend. Second weekend is $500.

That’s in yen, right?

Wrong. Single day passes are $30. You could just save yourself the money you don’t have anyway and watch the feeds online?

But I want to go. One of the Jazz Fest producers said in the Wall Street Journal, “there are sights and smells, the things you can’t get online.”

That is true. The computer doesn’t have Smell-o-vision, so one would miss out on that fabulous, sweaty crowd in the Sun, aroma. Both shows will be online. AT&T and Yahoo are handling the Coachella feeds, while MSN is running live from New Orleans on April 30 and May 7.

Online feeds really took off last July. AOL ran live coverage of the Live 8 shows over broadband, and basically made MTV look really bad in comparison. If MSN or AT&T has learned from AOL’s example, which we hope they have, we should have some solid coverage of performances from both events.

As providers and promoters find better ways to deliver shows while managing to fit in advertiser spots without interrupting the flow of the broadcast, music fans should begin to see even more options for live feeds than what are available today.

Ideally this would give exposure to smaller independent acts that have built up a following. Considering the cost of bandwidth and the expense of covering a show (there is a people cost as well as an equipment cost), most of those acts will have to rely on being part of festivals that do draw that coverage.

Speedier PC platforms and better cameras in lower price ranges may someday do even greater promotional wonders for an act that MySpace and fans have done for British performers The Arctic Monkeys.

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David Utter is a staff writer for WebProNews covering technology and business.

The MySpace Film site bears a lot of the touches of MySpace. Instead of featuring bands, songs, and videos up front, MySpace Film presents featured filmmakers and videos on its main page.

Blending the appeal of music and film to MySpace’s younger audience should help the service maintain its high traffic volume. News Corp has been seeking advertisers to be part of the MySpace phenomenon while searching for ways to keep its coolness factor intact and hang on to its audience while drawing new users.

MySpace wants to tap the hottest draws for visitors. Currently the featured filmmaker is Drew Thomas. His two-hour film “Coachella,” covering performances at the Coachella Valley Music & Arts Festival, occupies the prime space high on the right side of the MySpace Film page.

Search tools within the site let users search for filmmakers by their names or films. MySpace also runs lists of the top filmmakers, and can find upcoming screenings by location. They also provide a message forum and a Craigslist-style classifieds section for film-related jobs.

MySpace may be able to do for aspiring filmmakers what it has done for bands. By providing a community site with a recognized brand and features to help them find an audience for their work, maybe Sundance will start screening MySpace for films like music label A&R people do for new acts.

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David Utter is a staff writer for WebProNews covering technology and business.