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…
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Twitch was never enough revenue for its "employees" (i.e. streamers, the actual content generators), so streamers have been diversifying their brands for years, and slowly Twitch and Youtube are losing their status as the interaction points for those creators. So many of the successful streamers operate Patreons or other off-site ways to interact with their content, and in the meantime YT and Twitch just serve as the repos for the bulk video content, which is expensive to host.
I sub to a few Patreons for video creators, so I get gDrive links to the raw videos, which I then store on my private Jellyfin server, completely bypassing YT or Twitch. I'm not saying that's necessarily the norm, but in the past it wasn't even an option; I would have had to go to the hosting site to watch it.
Lol, so Google foots the hosting bill either on YT or GDrive? That is hilarious.
Yes, though I suspect that given the size of the raw videos, the creators I sub to probably all pay for additional gDrive space. 15GB is the free limit afaik, and some of the videos are 5GB+ each, and there are tens of videos.
Consider using yt-dlp. You can download any video from youtube in any quality available.
I back them on Patreon because I want to support them monetarily, not because I want higher video quality.
My apologies, I misread your previous comment. Please disregard.
No worries!
With a Business account, GDrive is $20/month per 5TB... which they just recently updated from $20/month per 1000TB (it used to be $15/month per unlimited TB, then people abused it to store over 2000TB and stuff like that).
Sounds like they know most people will never use very much, so they are counting on the lightweight users to subsidize the heavy users.
I blame LTT for giving people ideas: https://youtu.be/y2F0wjoKEhg
He got a few million views on the video, everyone got capped.
I'd be interesting to see what's the cut for each service, like, is it really that advantageous to get your crowds to subscribe via Patron instead of getting a Twitch subscription?
In the case of Patreon specifically, almost definitely yes. According to this calculator, a $4.99 sub on Twitch nets the creator $2.50, whereas on Patreon it's a 2.9% fee on total earnings, plus a $0.30 per-transaction fee. That means a $4.99 sub nets you $4.56. I don't know more about Twitch subscription tiers, but on Patreon it's common to see people subscribed to $15, $25 tiers, etc.
Last I heard the standard cut for a Twitch sub is 50/50. I don't know about any others.