114
Twitch warns US sub price increases “extremely likely” after international updates
(www.dexerto.com)
this post was submitted on 22 Feb 2024
114 points (94.5% liked)
Technology
74130 readers
3864 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
After already reducing the creator cut and increasing ads... super curious what their books look like.
With moves like that, I'm guessing that they've never been even close to being in the black.
They are still losing money, but in the way that all tech companies spending every dollar that comes in so they can expand and build a monopoly loses money.
Everyone's commenting on their books but twitch's published numbers are all bullshit pretending they're paying market rate for AWS when they obviously get a deal being a subsidiary of Amazon. IIRC their last attempt to show they needed to up prices even had them using non-bulk AWS rates which they obviously wouldn't pay even if they werent owned by Amazon.
Iirc they lose money or something right? It's probably only able to run because Amazon has a shit ton of money.
They’ve never once made money. Twitch is a massive money pit where 99% of the creators on the platform are explicitly leeching while bringing nothing by way of income.