Livepeer Studio announces the launch of a new free report by technology analysts Caretta Research, revealing how video companies can reduce the cost of interactive live streaming (ILS) by 74 percent through distributed streaming infrastructure. The report highlights the critical role of cost-effective real-time streaming in driving revenue and enabling engagement across various use cases, including direct-to-consumer (D2C) content creation, longtail sports, commerce, faith-based streaming, live betting, and gaming.
Interactive Live Streaming (ILS) is the natural evolution of streaming video, but traditional approaches and legacy technologies make it cost-prohibitive to all but the largest streaming providers. Advanced in-stream engagement features like co-viewing, audience chat, polling, gifting, betting, transactions, live pricing, and auctions are critical across use cases, including retail, wagering, sports, gaming, and education — driving revenue generation and viewer engagement. Enabling real-time delivery, ILS, and integrating real-time engagement tools is expensive, complex, and often requires custom development. Regular cloud video solutions and centralized streaming infrastructure fail to deliver the cost efficiency and flexibility emerging and established streamers need to deploy ILS as part of their strategy and grow new revenue.
Caretta Research’s report demonstrates how cost-effective real-time streaming opens up profitable ILS-driven business models to a wide range of streaming companies, enabling them to augment subscription or ad-based strategies that struggle to deliver sustainable revenue growth.
Ed Barton, Research Director at Caretta Research, said, “Real-time interactivity is fundamental for various streaming use cases that need to accelerate profitability and engagement. However, legacy technology and traditional video workflows constrain experimentation with and deployment of interactive live streaming. Distributed streaming delivers game-changing cost savings that make interactivity-driven revenue models possible for a new breed of streaming business.”
“The media industry is rapidly pushing for real-time interactivity, but costs and impractical solutions make it hard for growing streaming companies and content creators to engage with their audiences on a deeper level,” said Eric Tang, Founder of Livepeer Studio. “Livepeer Studio makes high-quality interactive live-streaming achievable to any content owner or entertainment brand, sidestepping the eye-watering costs of traditional cloud providers while making it easier than ever to build, engage, and monetize rapidly growing streaming communities.”
“Interactivity is at the core of our streaming business model. Creating and growing our hugely successful show wouldn’t be feasible without Livepeer Studio’s interactive live streaming features and cost benefits,” said Bill Ottman, Co-Founder of live reality TV company Fishtank. “Livepeer Studio enables us to drastically reduce our streaming costs while focusing on highly creative live audience engagement that retains audiences and generates significant profits. We’ve just surpassed 1 million viewers and $3 million in revenues by opting for a distributed streaming approach that supports our ambition in real-time interactivity.”
The report shows that Livepeer Studio’s distributed network architecture enables cost savings of up to 74% to deliver ILS compared with several established streaming solution vendors reliant on major commercial cloud providers. Supporting both WebRTC and HLS protocols, Livepeer Studio delivers low-latency live streaming with real-time interactivity, advanced viewer engagement, and performance analytics while ensuring high reliability and video quality.
The Caretta Research report, Interactive Live Streaming: The Evolution of the Streaming Experience, is available for free download here.
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About Livepeer Studio
Livepeer Studio is at the forefront of next-generation video streaming, leveraging decentralized blockchain technology to significantly reduce the cost of developing and delivering high-quality streaming video. Built upon the robust foundation of the Livepeer Network, Livepeer Studio harnesses a unique, globally available infrastructure to deliver unparalleled video streaming quality and efficiency.
With an API-first, open-source platform, Livepeer Studio empowers content creators, media and entertainment, sports and enterprise companies to easily and cost-effectively explore the full potential of video streaming, making high-quality streaming accessible to all. Embrace the future with Livepeer Studio, where advanced technology and operational efficiency converge to redefine video streaming.
For more information, visit www.livepeer.studio