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Large Social Media houses to Capitalize on Live Streaming madness 12 August 2016

Live video streaming has been on the forefront of many large and small companies recently. Social media companies have also been taking big interest into capitalizing this madness. Twitter has capitalized on live streaming market by inking deals with sports names such as National Football League and National Basketball Association and Bloomberg Media this year.

Facebook has also linked with various media houses and over 100 celebrities to produce videos for Facebook Live. was also one to launch live streaming service for their VIP members, claims this launch helped them book record subscription revenues last month. SINA Corp. was also one of the global Chinese community serving company to launch live streaming for Weibo Corp. this year.

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