In the recent past we've used LiveStream to both record and Broadcast our Graduations to a remote viewing location. Tt was less then ideal. We paid the 100$ for the upgrade to HD and the ability to embed the livestream on our own website. We also recorded to SD card at the camera as a secondary backup. (it was usually a 2 camear shoot)
This past year we tapped our Athletics department and used their license of "Wirecast" (which they've used to stream basketball games to a specialized broadcast services) "Wirecast" is Excellent! We did a 3 camera shoot plugged in additional
SDI/
HDMI capture devices. Created Lower 1/3's for our Valedictorian, presenters, guest speakers,
etc. We simultaneous streamed to our Athletics Website, and the College YouTube
channel, and the Colleges Website (via Embedded YouTube player) and straight to HDD The 3 of us that worked on the stream (from concept - setup - execution) where super pleased with the result as was Staff/Faculty and Admin. And with the Lower 1/3s and title screens there was very little post production work to do for the final archival video. (We still captured to local SD on each Camera as well)
I can't speak more highly of Wirecast as a software based multistream/multicam software solution. Pair it with a USB controller or StreamDeck and it becomes even better. Managing Audio into the program is such more more refined and detailed then Livstream which was another trouble
point with us using Livestream. We could easily layer audience audio, playback music and feature direct
podium audio at the press of a
button. It was great!