iCon-X Live, the next generation live concert experience.
Live concert streaming platform that allows worldwide viewership of controlled content by musical and comedy acts.
During our testing of this concept we hired live stream contractors to ensure that our paywall and platform worked, and to give us a live action tutorial as to how to set up and operate the equipment required to do a show. Contracting out the production service cost us a total of $9,275 and that was the cheapest. We were quoted as high as $25,000 to do the production. The learning and the experience was well worth the 9k, however it would not be good for the company to pay that for every show. After doing research, for $25,000 we could buy the equipment required and produce a live stream ourselves. The other $25,000 would be for traveling expenses, promotion, and marketing.
Risks and challenges
The biggest challenge we're having is getting an audience with artist without being blocked by the mangers. Some mangers will respond saying no but most won't respond at all. In order to overcome this we need to go to record labels and execs to build relationships and a base with new artist. Our platform would give them free promotions and additional marketing with out costing labels additional money.Learn about accountability on Kickstarter
- (30 days)