Streaming Media Site Creative Live Makes Money With Free Education

An educational website streaming free content may not seem like the most intuitive pathway to profitability, but Creative Live is doing well. After attracting go-getter CEO Mika Salmi in 2012, Creative Live raised over $30 million from two rounds of venture capitalization, but that’s only the beginning. With a 600 percent growth in revenue between 2012 and the middle of 2014, Creative Live demonstrates that free streaming media can pay out. The company claims to have been turning a profit since April 2010. – Evan Prieskop, Liberty Voice http://ift.tt/1lwTPik