Yahoo’s hopes for renewed stardom on the Internet stage are being pinned on a song.

Make that many songs — performed by popular musicians in real time, and streamed daily at yahoo.com/live beginning with a concert Tuesday by The Dave Matthews Band.

In what analysts see as a bold move by Yahoo chief Marissa Mayer, the faded Internet search pioneer is betting on live music as part of its shift to premier online content, which has also included recruiting news, music and television stars for online magazines focused on technology, film and food.

The Dave Matthews Band kicked off a year of daily free streaming concerts on a Live Nation Channel on Yahoo Screen. Upcoming acts will include Usher, Michael Franti, John Legend, and Justin Timberlake.

A Yahoo page for two music sets by DMB featured links for buying digital downloads of songs or tickets to upcoming concerts.

Yahoo magazine pieces on DMB music videos or scenic places to see the band perform were teased, along with posts at Yahoo-owned Tumblr.

In what could have been a sign of heavy traffic, connecting to the show took repeated tries, with messages popping up to say “oops” something went wrong.

Chatter on Twitter indicated that while some people had to persevere, viewers were getting through. Yahoo did not return a request to find out how many folks were watching online.

“Finally got it up and running,” a Twitter user chirped. “Way to give me a major heart attack @ Yahoo.”

Matthews joked with the enthusiastic audience that any mistakes during the show were absolutely intentional to enhance the “realness” of the performance.

“Somebody told me that this particular evening is being shown on the Interweb,” Matthews quipped during the second of two sets. “So, I sure hope it doesn’t suck.”

Fans at the venue tweeted pictures from the audience, while others watching online crowed on Twitter of dancing in living rooms or delighting in enjoying the show from comfy couches with no queues at bathrooms. Home viewing had the down side of pauses for video buffering that grew more frequent as the performance went on.

“This live stream is amazing,” a Twitter user with the handle Kwayne115 said. “Loving this.”

Creative Strategies analyst and president Tim Bajarin saw Yahoo’s move as an experiment that could polish the Sunnyvale, California-based Internet firm’s dulled brand.

“Music is at the heart of so many people’s lives and the concert experience is very important,” Bajarin said.

“This could be very important to Marissa’s overall strategy to grow Yahoo’s user base.”

Yahoo hasn’t revealed details of how it plans to make money off streamed concerts beyond airing ads.

Live, online concerts should compete well for limited time people have to spend on entertainment, according to Bajarin.

“Yahoo is playing the role of the Top 50 radio station of the past, and Live Nation is funneling talent in,” the analyst said. “If I am a band, I am probably beating on their door to get in on this.”