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| _modificationDate | Datetime | 2024-07-30 1:29:39 PM |
| _pageID | Integer | 7,552 |
| _pageName | Page | Twitch Remains Unprofitable |
| _pageTitle | String | News/Twitch Remains Unprofitable
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"News" values
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| tags | List of String, delimiter: , | | Twitch |
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| date | Datetime | | 2024-07-30 10:57:50 AM |
| author | Page | | Dante Uzel |
| category | List of String, delimiter: , | Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | Drama |
| game | List of String, delimiter: , | Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
| content | Text | | According to recent reports. Dan Clancy, the head of Twitch, has acknowledged that the streaming service continues to be unprofitable. As Twitch nears its tenth anniversary under Amazon’s ownership, concerns are growing about the platform’s future.
A Wall Street Journal report reveals that insiders fear Twitch might become a "zombie brand"—an acquisition that gets sidelined due to poor performance, similar to other Amazon properties like Goodreads and Woot. Employees are also anxious about the possibility of more layoffs following an annual review, especially after the platform cut over 500 jobs earlier this year in a cost-cutting move.
'''More:'''[[News/Warzone Cheater Numbers Increase After Xbox Game Pass Integration|Warzone Cheater Numbers Increase After Xbox Game Pass Integration]]
Moreover, Twitch's top spenders, a key revenue source, have reportedly reduced their spending on subscriptions and donations. Internal projections indicate that this decline could lead to a loss of nearly a quarter of a billion dollars in revenue by the end of 2025. |
1 row is stored for this page
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| source | Page | Business Insider |
| url | String | https://www.businessinsider.com/twitch-amazon-livestream-disappointment-competition-tiktok-youtube-2024-7 |
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