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In organizing a large online community event like a town hall or webinar, Microsoft Teams Live Events allows thousands of participants compared to a regular Teams meeting. To create a live event, schedule it through the Teams calendar by selecting New meeting, then New live event, and adding event details. You will invite two groups: presenters and producers responsible for the event, and attendees. As the organizer, you have control over permissions, while producers manage the event and presenters simply present. After forming your group, you specify who can watch the live event, choosing options such as specific people, your organization, or anyone with the link, and decide on access to recordings and any Q&A sessions.