Create a live event - You Tube

1. From Event Manager, click Live Events.
2.  
   Watch the video demo 
3. Click New Live Event on the right. (Click Here) 
4. Complete Basic Info tab.
   • Title, description and tags
     Identify your event. Tips on video titles and descriptions.
   • Start and End
     The start time determines the countdown in the player before the event begins.
   • Privacy Settings
     Only public events will appear on your channel and search results. Choose unlisted or private for test events.
     Public events have the option to create custom posts for G+ and other associated social media platforms. 
   • Category
     Select the Category that is relevant to your content. 
   • Type
     Select Quick (Hangouts on Air) to live stream a Hangout event using your webcam.
     Select Custom (More encoding options) to live stream a YouTube event using custom encoders and controls.
5. Click Advanced Settings tab.
   • Comments and responses
     Moderate comments by deleting them or blocking users from commenting. Viewers are limited to a maximum of 3 comments every 30 seconds and cannot post special characters, URLs or HTML tags. The comment module does not follow embedded players.
   • Distribution Options
     Choose to enable or disable embedding and subscriber notifications.
   • Recording
     Events exceeding 4 hours may not be fully captured. We always recommend recording a local archive. Keep in mind YouTube Video Editor only allows editing of videos 2 hours or less in length.
   • DVR
     Allow viewers to pause and rewind your event. The DVR will display the most recent 4 hours of video.
   • Broadcast Delay
     The broadcast delay (30s and 60s drop-down options) is the amount of delay between the stream you will see in the preview player in the Live Control Room and the stream your viewers will see. Introducing a delay allows insertion of ads in your live event. Even with no delay, you should expect the preview player to be up to one minute behind the video feed you are sending to YouTube.
   • InVideo Programming
     Checking the InVideo Programming box will feature the event across your channel videos when the event is live and set to public.
6. Click Claiming Options tab.
   • Claim this video
     Apply tracking, geo-restriction (block) or monetization policies.
     More information on Policies.
   • Monetization
     Enabling  monetization on a live event will cause an ad to play before the live video and when mid-roll ad cues are inserted.  Please note,  standard in-stream ads are available for pre-roll and mid-roll.  Skippable TrueView ads run on pre-roll only.   
   • Syndication
     Choose to make your event available on all devices with live capabilities or only on monetized platforms with live capabilities.
     Currently, only iOS and Android 4.0+ devices are live-capable.
   • Click the blue Save button.