All reporting works normally for live videos. The only exception is that for live video, the report won't show any video quartiles or deciles (for example, 10%, 25%, 50%, 80% video views completion). We don't know how long the video is going to last, so we don't track quartile and decile completion. But we still do track the time spent by the user on the video ('Video average progress (s)' and 'Video total view time (s)' metrics).
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