Comment on Twitch "isn't profitable" admits CEO, in wake of recent layoffs

sabreW4K3@lemmy.tf ⁨10⁩ ⁨months⁩ ago

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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!

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