Event Live Streaming is Turning Into a Cash Cow
To those organizations sitting on the sidelines afraid that live streaming will cannibalize your meeting, you are missing out on generating new revenue many organizations desperately need.
In a recent tally of our 100+ clients, combined they generated over $25 million dollars in new revenue in 2018 from live streaming their events using Digitell’s model and revenue generating programs and platform.
“We are seeing extraordinary results from some of our clients in their event live streaming efforts. We have several clients generating over $500,000 in live streaming revenue per event”, says Jim Parker, president of Digitell.
“The biggest benefit to adding a virtual attendance option is the attendance boost it delivers. We doubled our overall attendance by giving people a way to attend virtually who couldn’t participate physically due to restricted travel budgets, time commitments or other conflicts. That’s what is really driving the growing interest in virtual meetings right now – people just don’t have travel budgets so they can’t afford to get on a plane and attend an event”, says Michael Doyle, Principal at Michael Doyle Partners
Live streaming continues to be a success for all size meetings and across different industries. Corporations are now starting to use Digitell’s platform and expertise to run virtual events and live stream communications to a worldwide audience.
“For those with an international audience, live streaming in multiple languages is starting to become very popular and we have streamed in 8 different languages at the same time”, adds Parker.