WimLive – live streaming that makes economic sense

With WimLive the WimTV platform makes available another service to WimTV users: the ability to offer live streaming services with a simple way to get paid for the service, possibly in combination with other parties.

Off line monetization of events has never been a problem. Also on line monetization of large scale events is not a problem. However, on line monetization of medium-to-small scale live events is an uphill battle because:
1. Setting up and maintain a live streaming service may entail significant costs
2. The cost of collecting payments may easily offset the revenues
3. If more parties are involved it may be difficult to establish trusts between parties.

WimLive has solved these problems. Let’s follow a simple yet quite realistic walkthrough by looking at the picture below.

As you can see, everyone can stream own live events independently, deciding whether to transmit to his audience for free or in pay-per-view mode. In addiction, the system also offers the possibility of make live streaming in cooperation with other entities, dividing the proceeds among all participants. In particular:


1. An Event Organiser holding rights to an event makes an agreement with an Event Reseller to promote and distribute events to end users and agree on revenue sharing (this step is not needed if there is no Event Reseller)
2. The event takes places and a cameraman shoots the scene and sends the digital stream to WimTV
3. An end user clicks on the event, pays and watches the event
4. The payment is split between WimTV and Event Organiser
5. Payments are split also with the Event Reseller in case promotion and distribution is done by a third party.

WimLive is a Unified solution for on demand and live video where
- An arbitrary number of parties may claim rights to event
- Revenues are accredited to each party as soon as payments are effected
- WimTV plays the role of trusted third party
- WimLive entails very low administrative costs
- Can be easily integrated with other application platforms (Moodle…)

Who are the typical WimLive users?
1. Hotel chains
2. Organisers of cultural, musical and sport events
3. Companies offering training courses
4. Small to medium size film makers
5. Local TVs
6. And many more...

To run a WimLive event you need to 
1. Register on WimTV as a WebTV
2. Sending an email to sales@wimlabs.com to get a URL
3. Input a few data (date, time, duration, price to watch the event etc.)
4. And go!

Earnings for all with WimTV

WimTV is an ICT platform designed to support an ecosystem of players dealing with digital content.
In such an ecosystem you seldom find that a relationship is confined between two players, bearing in mind that WimLabs, the company operating WimTV itself is a platform player.

So far WimTV supported multi-party relationships using its Local Exchange Trading System (LETS) “currency” WimCent. But with the recently released v1.0, WimTV is making one step in the direction of supporting business that is based on real currencies.
Do you own valuable video content that you want to monetise in a secure environment? WimTV v1.0 is the solution for you.

You can upload your videos to your private space MyMedia” and attach some descriptions to make them more marketable. Then you can open your WebTV on WimTV – the entry level with a limited degree of customisation or the advanced level with a high degree of customisation – post your “streaming-ready” videos on MyStreamingMedia attaching a price for Pay per View consumption or defining your own bundles of videos for subscription consumption.

Your customers will enjoy your content with the very robust WimTV player, a plug-in that works on Linux, Mac and Windows for the Chrome, Firefox, IE and Safari browsers and 50% of each Pay per View or subscription payment received by WimTV will immediately be accredited to your PayPal account.
Playing the role of video publisher is not for all. You can be an excellent producer of video content but be poor at marketing it.
Conversely you may be an excellent publisher but be a poor content producer. Can WimTV help?

Well, not yet, at least not if you want to play with real money. This is what WimLabs has reserved for WimTV v1.1. Creators of video content will be able to post their videos for sale and WebTVs will be able to purchase videos posted for sale on a Creator’s shop.
Whenever a video posted by Creator A, purchased by WebTV B at, say 30% revenue sharing, will be watched by End User C, WimTV will automatically split the payment made by End User C to Creator A, WebTV B and WimLabs.
WimTV1.0 is just the first of a series of steps that will convert the idea of content monetisation on the web from words to reality.

Leonardo Chiariglione