LiveX, a privately owned company headquartered in the US, was founded in 2014 and employs approximately 60 individuals. The company reported $6.1M in revenue as of 2023 and operates as a tier 2 media tech buyer. It specializes in media managed services, functioning as a production company that designs, produces, and broadcasts live events for international brands. Its services encompass creative concept development, video and graphic design and animation, live production, encoding, and streaming.
LiveX recently highlighted its capabilities in transforming standard town hall events into broadcast-quality, engaging experiences, offering production quality enhancements beyond typical platforms like Microsoft Teams and Zoom. Earlier on April 28, the company announced it is expanding customer contacts through family participation programs, exemplified by a "Daddy's Secret Class" held on April 26 at the Avani Hotel in Busanjin-gu, which involved over 100 families. This followed LiveX's April 23 announcement of its business expansion within the domestic beauty industry, promoting salon expansion, overseas ventures, and education and event projects, with a current focus on increasing salon brand locations in key commercial districts of Seoul, Gyeonggi, and Busan. On April 21, LiveX commissioned a customized master control room for its facility, requiring bespoke solutions to adapt to an over 150-year-old building with uneven floors. Previously, on April 13, LiveX detailed the integration of NDI into its Virtual Video Control Room (VVCR), streamlining video movement and production workflows by enabling NDI within VVCR clusters with transcoding.
LiveX offers 2 products in the media tech industry. LiveX's product portfolio comprises of media managed services and broadcast professional services.
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LiveX's revenues were less than $10M in 2023. Caretta Research has split LiveX's revenue into 2 different product categories, the largest of which is post production services. For full access to LiveX's revenue breakdown subscribe to Caretta Portal.
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