Lounges.tv is a pay-per-view live streaming platform that allocates 80 percent of stream revenue directly to content creators, ensuring they receive fair compensation for their work. The platform addresses the low revenue sharing model prevalent in the streaming industry, enabling creators to effectively monetize their content.
Funding
$6.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Content creators often struggle with low revenue shares on existing streaming platforms, hindering their ability to effectively monetize their work and build sustainable careers. Many platforms favor established creators, making it difficult for emerging talents to gain visibility and financial support.
Solution
Lounges.tv is a live streaming and video-on-demand platform designed to provide content creators with a fairer revenue model and tools to engage with their audience. The platform offers an 80% revenue share for creators, paid out within 24 hours, enabling them to monetize live streams, private meet-and-greets, exclusive content releases (streamdrops), and video-on-demand content. Lounges.tv aims to empower creators by providing them with the tools to build a supportive fan base and receive fair compensation for their work, while also offering viewers a diverse range of content and interactive experiences. The platform supports both live streaming from web/app and broadcasting software, catering to creators with varying levels of technical expertise.
Target Audience
The primary target audience includes musicians, educators, fitness professionals, comedians, and other content creators seeking a platform with a fair revenue model and tools to monetize their content, as well as viewers looking to support creators and engage with diverse content.
Features
- 80% revenue share for creators on all earnings, including tickets and tips.
- 24-hour payout turnaround.
- Options for live streaming, one-to-one private chats, streamdrops, and video-on-demand content.
- Interactive live streaming with chat features for audience engagement.
- Compatibility with streaming software for advanced production capabilities.
- Showcase feature for creators to participate in competitions and win prizes.
- Mobile app available on iOS and Android.
- Option to offer content for free, via tickets, or tips.