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1. dotesports.com › business › newsTwitch layoffs explained: why the streaming giant still isn’t ...

   dotesports.com › business › news

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   Jan 11, 2024 · Two days later, the company’s CEO Dan Clancy appeared on the official Twitch channel on the platform, and candidly told viewers that the business is not currently profitable.. “We’ve implied ...

2. www.ign.com › articles › after-laying-off-over-500After Laying Off Over 500 People, Twitch Boss Admits the ...

   www.ign.com › articles › after-laying-off-over-500

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   Jan 12, 2024 · Clancy said despite cost-cutting throughout 2023, Twitch "is still meaningfully larger than it needs to be given the size of our business." In 2023, Twitch paid out over $1 billion to streamers ...

   • Author: Wesley Yin-Poole

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4. dotesports.com › streaming › newsTwitch CEO confirms company is still not profitable, but ...

   dotesports.com › streaming › news

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   Jan 11, 2024 · Published: Jan 11, 2024 2:22 PM PST. Just months away from the 10th anniversary of Amazon’s $970 million purchase of Twitch this August, the streaming site’s CEO Dan Clancy admitted during a ...

5. www.dexerto.com › tech › twitch-ceo-dan-clancy-saysTwitch CEO Dan Clancy says platform isn’t “profitable” days ...

   www.dexerto.com › tech › twitch-ceo-dan-clancy-says

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   Jan 11, 2024 · Ultimately, the gears are still turning at Twitch despite its drastic reduction in headcount, and the company has plans to “share more” about its outlook on 2024 in the coming weeks. Article ...

6. www.forbes.com › sites › antoniopequenoivTwitch Drops Revenue Cap For Some Streamers After Major ...

   www.forbes.com › sites › antoniopequenoiv

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   Jan 24, 2024 · Key Facts. Under Twitch's new rules for its original 70/30 revenue share tier, streamers will get to keep 70% of their revenue regardless of how much they make, ending a controversial rule that ...

7. www.levelup.com › en › newsIs it at risk? Twitch pays millions to streamers, but it is ...

   www.levelup.com › en › news

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   Jan 14, 2024 · Twitch is still not profitable, confirms Dan Clancy. The CEO of the Amazon-owned company emphasized once again that the decision to reduce the staff is aimed at ensuring the organization is the ...

8. People also ask

   Is twitch still profitable?

   • Twitch laid off over 500 staff members, more than a quarter of its workforce, on Tuesday, Jan. 9, 2024. Two days later, the company’s CEO Dan Clancy appeared on the official Twitch channel on the platform, and candidly told viewers that the business is not currently profitable.

   Twitch layoffs explained: why the streaming giant still isn't profitable

   dotesports.com/business/news/twitch-layoffs-explained-why-the-streaming-giant-still-isnt-profitable

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   What happened to twitch?

   • Twitch boss Dan Clancy has answered questions on the state of the company after announcing plans to cut over 500 members of staff. Earlier this week, Twitch confirmed plans to cut about 35% of staff on top of 400 layoffs last year. In a blog post, CEO Clancy said "we still have work to do to rightsize our company".

   After Laying Off Over 500 People, Twitch Boss Admits the Business ... - I…

   www.ign.com/articles/after-laying-off-over-500-people-twitch-boss-admits-the-business-is-not-profitable

   See all results for this question

   How much did Twitch pay out last year?

   • “Last year we paid out over $1 billion to streamers,” a Twitch blog post announcing the layoffs said. “So while the Twitch business remains strong, for some time now the organization has been sized based upon where we optimistically expect our business to be in three or more years, not where we’re at today.

   Twitch CEO confirms company is still not profitable, but Amazon has

   dotesports.com/streaming/news/twitch-ceo-confirms-company-is-still-not-profitable-but-amazon-has-been-extremely-supportive

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   Does Twitch have a payout program?

   • Twitch announced Wednesday an update to multiple streamer payout programs that will increase the amount of money streamers can generate and lower the required thresholds to make money on the livestreaming platform, which received disapproval from creators last June when it made changes to its branded content and revenue guidelines.

   Twitch Drops Revenue Cap For Some Streamers After Major ... - Forbes

   www.forbes.com/sites/antoniopequenoiv/2024/01/24/twitch-drops-revenue-cap-for-some-streamers-after-major-pushback-against-pay-splits/

   See all results for this question

   How much did Twitch pay out in 2023?

   • In 2023, Twitch paid out over $1 billion to streamers, Clancy confirmed. "So while the Twitch business remains strong, for some time now the organization has been sized based upon where we optimistically expect our business to be in three or more years, not where we’re at today.

   After Laying Off Over 500 People, Twitch Boss Admits the Business ... - I…

   www.ign.com/articles/after-laying-off-over-500-people-twitch-boss-admits-the-business-is-not-profitable

   See all results for this question

   Is twitch a good social platform?

   • Wolf cites data firm DataReportal, who estimate that Twitch is the fifth-most used social platform among gamers, behind Facebook, Instagram, YouTube, and X (formerly Twitter). However, Twitch severely lacks the same amount of personal data that sites like Facebook or Instagram are getting from its users.

   Twitch layoffs explained: why the streaming giant still isn't profitable

   dotesports.com/business/news/twitch-layoffs-explained-why-the-streaming-giant-still-isnt-profitable

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9. www.sportskeeda.com › esports › news-we-profitable"We are not profitable": Twitch CEO Dan Clancy reveals the ...

   www.sportskeeda.com › esports › news-we-profitable

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   Jan 11, 2024 · After the recent announcements about 500 employees being laid off, Twitch CEO Dan Clancy addressed the community in a livestream, revealing that the platform is not profitable at this point.