Live cohorts or recorded courses: which one pays your bills?

Prolaud started with live teaching because that's what we were doing ourselves. Recorded courses came second.

My guess at the trade-off: live gets better completion and lets you charge more, but it eats your evenings. Recorded scales, but people buy it and never open it.

Tell me where I'm wrong. If you do both, what's the split for you right now? And if you had to drop one, which goes?