In.Live co-founder Calvin Lui on livestreaming concerts across the country

Live event industry has been one of the hardest hit from the Covid-19 pandemic with one study estimating 90 percent of venue owners, promoters and bookers could close permanently without targeted government relief. A new startup is helping venues and performers get back to work by livestreaming concerts across the country. Calvin Lui, In.Live co-founder and CEO, joins CNBC's "The Exchange" to discuss.