With the advent of Social Media Events, one can now create and host virtual events online, such as the myProducer.tv online film festival! Using social networking tools one can generate large or taylored invitation lists extremely quickly, using both email and network invites to find and inform people of the events. Invitation lists can grow exponentially large through the process of friends inviting friends that exist within the social networks. It can be extremely advantageous to create an event that is hosted online, as opposed to being hosted in a geographic location, as there is no travel required to attend the event, no money needs to be allocated to secure and operate a venue, and people can come and leave transparently, and simultaneously blog and chat about the event while observing it, wthout generating any disturbance.

The future of social meda events has largely yet to be seen, as it is such a recent advent. It has only been a very short period of time since networks such as Facebook, and now myProducer.tv, have instituted technologies allowing this to become possible. The cost and efficiency of social media events make them appear to be an ideal way to host many types of event that have been traditionally hosted in physical locations and venues. The popularity of these types of events has yet to be seen. However, the prospects are great, and many creative uses have yet to be thought of!