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Broadcasting live video can be rewarding in so many ways.
Live streamers can gain personal satisfaction, an outlet for creative expression, a means to share information, or simply a platform with which to communicate.
In this article, however, let’s explore each money-making method in relation to broadcasting live video specifically.
The most straightforward way to make money from broadcasting live video is to charge your viewers for access.
Neither method requires a very large audience to generate revenue, although certainly the more paying viewers, the better!
Another way to make money from broadcasting live video is by selling advertising.
Many of our other blog posts discuss these monetization options in terms of videos in general.
There are also third-party options that you can add to a server, such as In Player. In a nutshell, a paywall is an arrangement that requires payment before a viewer can activate the broadcast.
It works for both broadcasting live video and with on-demand content.
A slightly more sophisticated approach is to take subscriptions.
This is the approach of live stream tv companies like Netflix and Amazon.
A monthly or other periodic fee allows the viewer to watch any number of videos or broadcasts during that month.