Amazon Still Isn’t Making Money From Twitch, Report Claims

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up

Still Isn’t Making Money From

This is the hidden content, please

• Sign In
• or
• Sign Up

, Report Claims

This is the hidden content, please

• Sign In
• or
• Sign Up

is arguably the number-one streaming platform in the world, boasting millions of users and a reported annual revenue of $2 billion – but it’s still not profitable for

This is the hidden content, please

• Sign In
• or
• Sign Up

. In 2014,

This is the hidden content, please

• Sign In
• or
• Sign Up

acquired the streaming platform for around $1 billion, but more than ten years after that sweeping purchase, it has been revealed that the tech titan still isn’t making money from the streaming site.

---

Always Losing

This news came from a WSJ report that discussed

This is the hidden content, please

• Sign In
• or
• Sign Up

’s ******** to make money through

This is the hidden content, please

• Sign In
• or
• Sign Up

after more than ten years of owning and supporting the platform. The cost of running the site through

This is the hidden content, please

• Sign In
• or
• Sign Up

’s infrastructure means that the firm has ******* to ever profit from the streaming platform, despite it pulling in a reported $2 billion a year.

In the report

This is the hidden content, please

• Sign In
• or
• Sign Up

, it was claimed that fewer users are signing up to

This is the hidden content, please

• Sign In
• or
• Sign Up

and the ‘biggest spenders’ are neglecting to pump the site with money. In recent months,

This is the hidden content, please

• Sign In
• or
• Sign Up

has suffered from widespread layoffs as

This is the hidden content, please

• Sign In
• or
• Sign Up

has attempted to pivot to adjust to new financial woes that have struck much of the wider industry, and per

This is the hidden content, please

• Sign In
• or
• Sign Up

, insiders are concerned that another wave is on the horizon.

It was also claimed by those close to

This is the hidden content, please

• Sign In
• or
• Sign Up

that several projects have been cancelled or postponed internally because there isn’t any hunger or budget to float them.

With rising competition in the form of

This is the hidden content, please

• Sign In
• or
• Sign Up

and Kick and constant complaints from the community about changes to

This is the hidden content, please

• Sign In
• or
• Sign Up

, the top-tier streaming site could be about to pass a point of no return.

---

For more Insider Gaming coverage, check out the news that a ‘furry’ tactical shooter enters a beta test today

Related

This is the hidden content, please

• Sign In
• or
• Sign Up

#

This is the hidden content, please

• Sign In
• or
• Sign Up

#Isnt #Making #Money #

This is the hidden content, please

• Sign In
• or
• Sign Up

#Report #Claims

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up