Twitch warns US sub price increases “extremely likely” after international updates::undefined
After already reducing the creator cut and increasing ads… super curious what their books look like.
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.
How much closer to market capture do they need to be?
Not that I will ever watch streaming. But it seems to have captured whatever market there exists for it.
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.
Also Twitch has historically been profitable in Europe (or maybe it’s just Western Europe? Can’t remember). Something that Twitch generally keeps quiet but the French streamers I follow never forget to point out when Twitch publicly whines about their supposed nonprofitability.
Which means that NA can’t be that far behind given that the US has higher GDP/capita (buy I guess lower engagement). So when you are combining that information with their bulk discounts, it’s for sure profitable there.
Now maybe Twitch truly isn’t profitable in poorer regions like LatAm where infrastructure costs don’t scale down as fast as sub prices and ad revenue. But regarding Europe and NA, they are openly bullshitting.
I’ve gotten so many messages over the last few months about price increases on everything from my internet to the toll lanes in my region. Absolutely everything is going up in price right now and t It’s just unsustainable.
I hope to one day have enough free time to want to watch someone play video games unedited for hours at a time, let alone be willing to pay money for the privilege.
It’s insane to me that these people have viewers. What are people doing with their lives
Submarines are expensive everywhere, not just US. Rich people usually settle with Yachts.
“Extremely likely” – says the only entity in control of the price. What are the odds? Who knows! It’s extremely likely!
