Why Teaching Online is a Smart Move
Live streaming has found its way into the music industry and it is here to stay. Whether hosting a completely virtual event or a hybrid event, live streaming offers a way to engage with a larger audience and provides opportunities for additional revenue. Many musicians, producers, and DJ’s have begun to host live streams in much larger numbers. Twitch saw a 385% year over year growth in their Music & Performing Arts content category. The number of hours watched grew from 3.6M in April 2019 to 17M in April 2020. For the music industry as a whole, that is an indicator that live streaming is in high demand. In addition to performers, music venues have also implemented live streaming. Whether hosting a show with no audience or throwing a hybrid event, live streaming can be a powerful marketing tool and an additional revenue stream for venue owners.
Leveraging Live Stream Software with Virtual Events to Offer Pay-Per-View Video Every day YouTube hosts over 30 million active users on their platform. There is no denying that YouTube is the most popular video hosting platform out there for video creators. Some of the world’s biggest influencers use the platform to connect and engage with millions of fans.
The Timeline of How We Got To Where We Are Today In order to fully understand how live streaming software has become the giant that it is, it's important to take a look back into the development and history of streaming. Taking the time machine back to September 7th of 1927, Philo T. Farnsworth invented an instrument that “generated an electronic beam, striking phosphorescent screen and adjusted with electromagnetic coils" which is known today as the first cathode ray tube television
How Live Streaming Has Consumers Increasing Their Digital Footprint The world has changed its habits because of COVID-19, leading people to become more active digitally. With the increase in digital foot traffic, it can become easier to incorporate and promote new technologies like virtual reality and live streaming. According to Lindsay Lehr from America’s Market Intelligence, “We can expect a boost in everything right now. Some of this consumer behavior being introduced right now will stick and cause sustained growth through this year and next year.”A shift has taken place in the way people view video streaming platforms and technology. As it used to be seen as a convenience, live video technology has become a necessity. Platforms like Zoom and Skype have gained popularity for live streaming events, conferences, meetings, sports classes, and more. Unfortunately, according to CNBC, governments were “urging Netflix, YouTube and other streaming giants to restrict HD viewing to ease the strain on the internet due to unprecedented usage amid the COVID-19 pandemic." Spinning the surprising narrative into something greater, those considering making money by live streaming are now more than ever encouraged to do so.
Key Factors to Consider When Deciding What Price to Charge for Virtual Events So you have an event you’d also like to live stream or you are thinking about hosting a fully virtual online event. Congrats! You are helping to propel your event into the future and increasing your reach by live-streaming. According to a study done by Livestream and New York Magazine “67% of audiences who watched a Livestream purchased a ticket to a similar event the next time it occurred.”
Is your Live Stream Software Secure? Meeting intrusions during live video streaming has become such an issue that Wikipedia added the term “Zoombombing” to their website and the FBI released a warning. They reported that the highjacking of video-teleconference sessions was emerging nation-wide. Reports of unidentified individuals accessing virtual classrooms and shouting profanities and other inappropriate actions.