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Twitch "isn't profitable" admits CEO, in wake of recent layoffs (www.eurogamer.net)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 45 points 10 months ago (1 children)

NeverWas.jpg

It's assinine that these companies keep investing in ideas that A/ Rely on video and B/ Rely on the majority of their content creators contributing their content for free.

The only thing that Twitch was ever going to do was drive traffic elsewhere. Hence why Amazon bought them. But they failed to get good at being Twitch. It still sucks in terms of performance and there's no subsidiary platform for Twitch clips. Also didn't they chase off most of their adult content creators?

So they're basically trying to be profitable off of traditional advertising? Ha!

[–] [email protected] 27 points 10 months ago (1 children)

I hate to say it because I hate YouTube, too, but they're getting pretty close to being as good at hosting streaming as Twitch is. The fact that full-length streams can just be saved straight to the user's YouTube channel, with chat and everything else intact, is a pretty rad feature.

[–] towerful 3 points 10 months ago

I find twitch to be a live-first platform.
Sometimes it's hard to tell if something on yt is live, if a channel is currently live etc.
And things like raids (sending your viewers to another channel) and clips (user selected segments of streams) which helps build community.
Twitch is a community, and a community of communities. I've never found that feeling on YouTube.
I do like how easy it is to rewind YT live streams, tho.

I hope twitch gets some decent competition (and not something that buys a few high profile streamers and expect the rest to work... because it's the smaller communities that makes twitch more than shroud/xqc/whoever).
But I have no idea how someone would actually make it profitable, never mind build the level of smaller communities that twitch has.