Mybook essentials turn into mybook live

I purchased the mybook essentials 2tb, It works great and have been using to store movies and music and sharing over my wireless network to other pc’s . After learning about the mybook live and the ability to use it as a media center being able to share movies and music on smart phones, tablets, ect. via the 2go app. I really wished I purchased that instead. My question is, is there a way I can turn mybook essential hard drive into the mybook live by installing the live software, or any other type of software / program that would work like that?