Live streaming is dominating the internet and social media by storm , and Chinese media Weibo has reported an increase of 42 % annually in advertising and marketing revenue as a result . Video content , and live streaming , has boosted revenue from $ 402.5 m in 2015 to $ 571 m . The company has also posted a strong Q4 2016 , with daily average video views reaching two million .
Live streaming is taking the internet and social media by storm, and Chinese site Weibo has reported an increase of 42% growth in advertising and marketing revenues as a result. Video content, and live streaming, has boosted revenue from $402.5m in 2015 to $571m. The company has also seen a strong Q4 2016, with daily average video views reaching two million.