Streaming events in real-time alters the dynamics for event organizers, impacting the scope of the audience, press coverage and sponsorships. Livestream is a key provider of real-time event coverage services–and while Mitt Romney’s infamous forty-seven percent fund raiser video wasn’t livestreamed, many A-list happenings are: examples include the Metropolitan Museum’s Costume Institute gala, The World Economic Forum in Davos and the Times Square ball drop on New Year’s Eve.
PRNewser spoke with Jessica Kantor, livestream’s head of marketing and content, at November’s Digital Hollywood conference and met recently with Kantor and her colleague, Sam Kimball, EVP of advertising and brand sales, at Livestream’s New York office (left) and here. Below are highlights of our conversation on the Livestream model.
Elements of Livestream’s successful equation include:
1. Brand snapshot and evolution: “To viewers, Livestream is entertainment and live TV”, Kantor explained. “Anyone in the world, both individuals and companies, can broadcast their events”, Kimball added. Viewers can also see past events by accessing Livestream’s online channels.
Adoption of Livestream during the past five years has been steady, but it wasn’t easy early on. “Event organizers may have been nervous at first, since nothing replaces being there in person”, Kantor said. “Livestream isn’t mainstream yet, though more people use it now.”
2. A myriad of usage occasions. Entertainment and music events are popular, and musicians often tape segments at Livestream’s studio as part of their press tours. Livestream is also available overseas, and “as long as an internet connection exists, you can go live”, Kantor noted. Livestream’s most remote customers without internet acces, such as SpaceX and the Volvo Ocean Race, need to rely on a satellite feed and proprietary equipment.
Political candidates frequently Livestreamed events this fall; Kantor said that Obama’s campaign used the service extensively. “The President’s dedicated video team made it a priority, including the final rally with Bruce Springsteen and Jay Z”. Another political customer is Mayor Michael Bloomberg, who Livestreams his press conferences. (They’re also entertaining, thanks to his sign language interpreter.)