Nowadays, not only that this thing is possible, but we also have plenty of options for doing that.
The following article aims to present the 7 best group video chat apps and to explain their key features.
This package is not free, and it costs $25/month, for every user.
Imo is one of the most simple video group chat apps, available on the market.
The app operates on the voice-over-IP (Vo IP) technology, and it's able to host a 10 person video conference, on the free plan.