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Bulldog DM comments on Forbes story about the growth of live music festival streaming

Forbes story highlights the growth of live streaming and live music festival streaming turning to Bulldog DM for insight.

‘But livestreaming wasn’t always sought after — festival organizers worried it was too expensive and consumers would begin to only attend virtually. At the start of the industry’s foray into live video, only a few people like John Petrocelli, the co-founder of BullDog Digital Media, understood its potential for profit.

“Festivals were becoming a cultural phenomenon,” says John Petrocelli, co-founder of BullDog Digital Media. “I realized there are thousands of these festivals and only four of them at the time had fully baked live streaming strategies.” ‘

Screen Shot 2017-09-26 at 7.20.11 AMRead more here –>  Forbes

Live concerts are music tech’s next frontier

67 percent of livestream viewers are more likely to buy a ticket to a concert/event after watching a livestream of that concert/event or a similar one. Jordan Zachary, chief strategy officer of ticket sales company Live Nation, said the company’s data shows that consumption of live content increases a fan’s desire to attend the concert: “Research shows that millennials highly value live experience, and we believe live attendance will continue to grow globally.”

Read more here —> Venture Beat