Get the latest tech news
Twitch "isn't profitable" admits CEO, in wake of recent layoffs
Twitch CEO Dan Clancy has admitted the Amazon-owned streaming platform isn't profitable. Clancy led a Q&A stream on Twi…
He continued: "Amazon has been extremely supportive of Twitch and a big thing for being sustainable over time is ensuring that we don't lose money." In his internal email to staff detailing the layoffs, Clancy stated the organisation is "still meaningfully larger than it needs to be given the size of our business." More recently, Twitch has struggled to contain the increase in sexualised content on the platform- something it needs to curtail for advertising purposes but those streamers likely bring in decent revenue through high subscription numbers.
Or read this on Eurogamer