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Xcinex Prepares To Launch Venue Streaming System, Using Sensor To Count Viewers And Charge Per Ticket

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deadline.com

Dade Hayes Finance EditorEXCLUSIVE: As the entertainment industry continues to remake itself during COVID-19, Maryland-based startup Xcinex believes it has a technological solution ideally suited to the times.

As long as customers are OK with being scanned.The company’s Venue system, scheduled to become available by the end of the year, is essentially a rent-a-system for distributors and a connected-TV streaming device with an added dimension.

In a revenue-share arrangement, it plans to enable premium video-on-demand movie releases, plus concerts, comedy shows, theatrical productions and sporting events.

All of those areas are under immense financial pressure due to the closures of theaters and the dark cloud over live events.

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