If you own an event space, you may already count video production among your menu of services. But are you live streaming yet?
Live streaming has gone beyond just a trend, and is currently experiencing tremendous growth—in fact, the live video streaming market is estimated to grow from $30.29 billion in 2016 to more than $70 billion by 2021! Sporting events, concerts, weddings, conferences, entertainment acts—whatever type of event you host in your space, live streaming extends your reach and audience, providing added value to your clients. It can also help grow your business. By having the capability to live stream you not only gain a competitive edge as a venue, you also develop a robust addition to your business plan that has the potential to bring in more revenue through monetization.