For a low budget horror film this isn't really bad at all. it's great at creating atmosphere and some good scares along the way. The premise of a haunted livestream is kind of interesting but sort of skipped over in the film, and only marginally touched upon here and there.
The film is about an hour long with the majority of that set in a single house, but the film does have random cut aways to other locations, which are used to pad out the backstory and add in some scares. The issue with this though is that the film can be a bit disorientating and it can be hard to keep up with what actually is going on and why.
The film is clearly inspired by Hideo Kojima's and Konami's P.T. video game, with a similar plot, use of radio, setting and some visuals. The film is also filmed in such a way to give it the appearance of a video game, including some moments which are filmed in first person. This is not necessarily a bad thing, as the video game was a critical success and sadly was cancelled before it's release so there is plenty of room to develop that lore further.
Overall the film was well put together and had the occasional impressive moment, but ultimately was a bit lackluster and didn't make much sense hence the low score.