HomeNews & UpdatesChurch Tech Market UpdatesPushpay Acquires Video Streaming Company Resi Media

Pushpay Acquires Video Streaming Company Resi Media

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Pushpay, the donor management platform company, announced the acquisition of Resi Media LLC for $150 million, a news release said.

The transaction is expected to close by the end of August.  Resi’s website indicated that the acquisition should be completed by August 24.

Resi is an end-to-end live streaming provider with services that include live and multisite streaming for churches. Resi is used by more than 70% of the 100 largest churches in the United States. Resi was founded in 2016 and serves 3,900 nonprofit and for-profit organizations.

Resi is also planning to expand its streaming service to corporate, education, sports and live event markets.

Pushpay buys Resi Media

Strategically, Pushpay sees the acquisition as a way to strengthen their offer as a way for churches to engage, monetize, and grow online, in-person and hybrid audiences.

Pushpay recently introduced their “ChurchStaq” suite of end-to-end engagement solutions for churches. In December 2019, Pushpay also acquired Church Community Builder, the church management software platform.  And previous to that, Pushpay acquired Bluebridge’s church app related business in November of 2016.

Kenny Jahng
Kenny Jahnghttp://www.kennyjahng.com
Kenny Jahng is Editor-In-Chief at ChurchTechToday.com. He also serves as Chief Innovation Officer at ChurchCommunications.com which has a community of 29,000+ church leaders. Kenny is a Certified StoryBrand Copywriter Guide and founder of Big Click Syndicate, a strategic marketing advisory firm helping Christian leaders build marketing engines that work. You can connect with Kenny on LinkedIn.

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