Let's consider a video of a music concert. Right now, whatever the editor of that video wishes, that's how we see it. Why's that wrong? Because we weren't meant to be a tamed horse that only sees what it's let to see. When that happens, when we watch a normal video these days, internally without knowing it, we feel our freedom is restricted. You feel uncomfortable, like breaking free.
I don't think we absorb a material best in this manner. I think there needs to be a way in which we can view an event that the video captures from whichever angle we wish, or focus at whatever specific point we want (eg: only the guitarist, only the drummer etc.)
Because that's how you'd be in real life. Where do we enjoy more? In a real concert, or watching a highly-edited video of that concert? Why do we enjoy more in a real concert? Because there's freedom for our ever-curious mind to flow its attention where it wants it to.
The moment you have freedom in deciding how you want to see it, you'll be immersed and involved.
I think multiple cameras should be placed at possible points of interest. In case of a concert: on each member of the band, on the crowd from the viewpoint of the stage, a camera in 1st person view from among the crowd, drone cam and I'm sure you can come up with many more that you'll write down in the comments section. ;)
Then, platforms like 3Speak can have an option where the viewer themselves are the camera-assigning operators (you know, the ones who decide which camera is active in a live video) who can switch between the different camera modes, maybe, by just pressing some hotkey like Up Arrow & Down Arrow (volume can be changed to + and -) in PC and in smartphones etc., again, you'll come up with ideas right? Fill up that comment section baby.
Maybe someday it'll be possible to just click at a certain point in the video and it'll change the view to that point.
I came up with this idea right after I was done watching a video of J. Krishnamurti. You gotta listen to him, he'll open up your brain.