This article shows streaming definitions as real-life examples of Channel, Event, Video-on-Demand, and Pay-Per-View in use. At WpStream, thousands of streamers are steadily growing their streaming businesses using our services.
Whether you choose to monetize your videos or not, WpStream can help you live stream all your video and audio content. This article defines and explains the logistics behind our services. With WpStream, you can go live from your browser or using external streaming apps such as OBS Studio and StreamYard.
A channel includes audio and video content similar to traditional TV channels. The admin can run as many channels as they wish and decide whether to monetize or offer them for free.
“Isabella owns a gym and she has created a WordPress website so that she can interact with her clients online and broadcast workouts to them. She sets up a channel where she will be able to go live at any time, anywhere.”
An event is a transmission on a specific channel that has a beginning and an end. Events can run on a specific channel one after the other. Such events include the entertainment industry where concerts and sports tournaments get live streamed, in the professional industry, or in education.
In other words, if you can live it, you can live stream it. An event can be offered for a fee or for free. Events can also be recorded for later viewing and become VODs.
“Isabella has plenty of fitness techniques and does Yoga as well as Pilates. Therefore, she decides to create a schedule where she will broadcast three events on Mondays:
*1-2 PM- Yoga Class*
*3-4 PM-Pilates Class*
*5-6 Stretching Class*
Streaming definitions: Video On Demand
A VOD is when an audience watches videos “on-demand”. These videos include movies, TV shows, music videos, or any other type of filmed content (similar to Netflix). In conventional TV, shows and movies run on specific schedules.
However, with a VOD, viewers have access to content at all times at a fixed cost or for free. VODs also offer the possibility to fast-forward, replay, pause, and play.
“Andrew spends his time broadcasting live gaming sessions and has been getting requests to record live broadcasts so that his viewers can watch them later. With just one click of a button, Andrew can choose to record his live-broadcasts before going live and then turn his video file into a Video-on-Demand.”
Streaming definitions: Pay per view
As simple as it sounds, a channel, or a VOD can be made Pay-Per-View, meaning that viewers pay a flat fee. A one-time event can be placed on its own channel with a set fee and recorded for a VOD. Alternatively, a recurring event will have a weekly or monthly subscription. The bigger the audience, the greater the streaming revenue.
Example of streaming definitions
“Andrew now wishes to monetize his videos. Although most of his live events and VODs are free, he would like to rent out certain videos and live broadcasts. He assigns different prices for his VODs and live broadcasts. Now, his viewers will Pay-Per-View to get access. ”
To summarize streaming definitions, a channel can run 24/7 and multiple channels can run at the same time. Events run within a channel one after the other. Furthermore, VODs are recorded videos that come out of live-streams or they could be uploaded directly onto a WordPress website. Pay-Per-View is a method of monetization.
Viewers pay to view a live-stream or a VOD, similar to buying a cinema ticket to view the movie once. Hopefully, this article has clarified your doubts and removed the need for interpretation. If you would like to experience our services before fully committing, sign up at any time for a free trial.