The live video streaming market is poised for significant growth, with projections estimating its value to reach $247 billion by 2027, driven by viewers' preference for live over on-demand content. This trend has opened up new revenue opportunities through interactive features, sophisticated monetization strategies, and multi-platform streaming. Interactive elements such as live polls, gaming features, and real-time engagement tools enhance viewer participation, fostering brand loyalty and increasing watch times. Multi-platform streaming expands reach and monetization potential, while advanced analytics provide insights into performance and revenue opportunities. New monetization models like pay-per-minute viewing, tiered subscriptions, and dynamic ad insertion optimize earnings, and shoppable live streams blend entertainment with e-commerce, boosting sales through real-time purchasing options and influencer collaborations. Successful live video monetization necessitates a strategic approach and robust technological infrastructure, offering companies a chance to capitalize on the dynamic growth in this sector.