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News on Medial
Twitch is focused on mobile and streamer collaboration in 2024
The Verge
·
1y ago
Medial
Twitch CEO, Dan Clancy, has shared plans for the platform in an open letter. Updates will include improvements to the mobile platform, collaboration tools, sponsorship partners, and more. Additionally, Jeremy Forrester, Twitch's VP of community product, discusses the broader strategy for 2024, including expanding content sharing on other platforms, enabling streamer collaboration, and improving the mobile experience. Twitch aims to bring the functionality of the Clip Editor to mobile, add more social platforms for content sharing, enhance Stream Together features, and optimize the mobile app for better user experience.
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Related News
Twitch is looking at life beyond the livestream
TechCrunch
·
1y ago
Medial
Twitch CEO, Dan Clancy, has outlined the company's plans for 2024, focusing on helping streamers grow their audiences and offering tools to engage with their communities when they are offline. To achieve this, Twitch plans to overhaul its app, adopting a scrollable feed similar to TikTok to enable viewers to discover new streamers. Additionally, Twitch aims to increase the amount of content shared on other social networks and improve discovery through features like Stream Together and Stories. The company also intends to address mobile limitations for moderators and explore ways for streamers to achieve success with fewer hours of live streaming.
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Twitch Will Let Users Stream Across Platforms—But They Better Act Right
Startup News FYI
·
1y ago
Medial
Twitch is making changes to increase discoverability, improve safety policies, and allow streamers to simultaneously stream on multiple platforms. With this move, Twitch aims to retain creators who have left for rival platforms offering better deals. The platform plans to introduce a "Chat Countdown" to warn moderators of incoming ad breaks and is testing features like Twitch "Stories" and a "Discovery Feed." Additionally, Twitch will now enforce consequences for off-platform misconduct such as doxxing and swatting.
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JPMorgan, AT&T Pull Twitch Ads After Antisemitism Allegations
Livemint
·
8m ago
Medial
AT&T, JPMorgan Chase, and Dunkin' Brands have stopped advertising on Amazon's Twitch platform following allegations from livestreamers that antisemitic content is being promoted. The controversy was sparked by a group linked to Steven Bonnell, who had previously been banned from Twitch for "hateful conduct". Twitch has been working to moderate offensive content on its platform and protect advertisers' brand images, but these recent allegations have put pressure on the company. The Anti-Defamation League validates Twitch's efforts to combat hate on social media. Chevron is also considering ending support for the TwitchCon convention.
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Twitch to fire 500 employees, about 35% of its staff
Livemint
·
1y ago
Medial
According to a report by Bloomberg, Amazon's livestreaming platform Twitch is planning to lay off around 500 employees, which accounts for about 35% of its staff. This comes after a series of executive departures from the company. The layoffs are expected to be announced on January 10th. Despite its reliance on Amazon's infrastructure, running a large-scale website like Twitch supporting 1.8 billion hours of live video content a month is said to be "enormously expensive". Twitch has been focusing on advertising but remains unprofitable, even after being acquired by Amazon nine years ago.
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Streamers who rely on Twitch Prime Gaming subs are getting a slight pay cut
The Verge
·
1y ago
Medial
Twitch is introducing monetization changes including removing the $100,000 cap on revenue sharing, expanding the Partner Plus program, and changing the payment structure for Twitch Prime Gaming subscriptions. The changes aim to create a more sustainable system for streamers and increase their earnings. The new program will introduce a revenue split tier of 60/40 and expand eligibility to affiliates. However, the payment structure for Prime Gaming subscriptions will change to a fixed rate based on the subscriber's country, resulting in a slight pay cut for streamers. Twitch hopes that the expanded partner program and removal of the revenue cap will offset any negative impact.
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Big Tech's efficiency obsession has continued into 2024 with thousands of layoffs
Business Insider
·
1y ago
Medial
Big Tech's obsession with efficiency continues into 2024 with further layoffs. Google parent Alphabet is reportedly reducing its workforce, as is Amazon with its Twitch division and Audible. Discord CEO also announced staff layoffs. While the number of job cuts is relatively small compared to previous years, it indicates a focus on eliminating excess and getting more out of fewer employees. This trend reflects the industry's shift to prioritize performance measures like revenue-per-employee.
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Amazon-owned Twitch may cut 400 more jobs
Startup News FYI
·
1y ago
Medial
Popular streaming platform Twitch is reportedly undergoing a second round of layoffs, cutting nearly 400 jobs just before the TwitchCon event. While Twitch has not confirmed the layoffs, it is believed that the customer experience department will be affected, with the positions potentially being outsourced to external vendors. This comes after Amazon fired 400 Twitch employees earlier this year, in an effort to compete in the increasingly competitive streaming market. The gaming industry as a whole is facing similar downsizing, with Naughty Dog also reportedly cutting staff and pausing the production of a multiplayer spin-off title.
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OnMobile partners with Bangladesh telecom operator Robi to launch to launch its casual mobile gaming product
IndianStartupNews
·
1y ago
Medial
Indian mobile gaming and entertainment company OnMobile Global has partnered with Robi, the second largest mobile network operator in Bangladesh, to launch its casual mobile gaming product, Challenges Arena. Challenges Arena offers a single platform for casual challenges, including hyper-casual games, fantasy sports, and trivia. The collaboration aims to enhance Robi's service offerings and provide a fun and interactive gaming experience for its users. OnMobile focuses on developing customer-centric mobile gaming and entertainment products and has a presence in over 50 countries. Robi has 56.4 million subscribers and is committed to delivering exceptional customer experiences.
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Triple Tap Games raises $1.2 Mn in pre-seed round led by Eximius and Kalaari
Entrackr
·
5m ago
Medial
Triple Tap Games, a Mumbai-based gaming studio, has raised $1.2 million in its pre-seed funding round led by Eximius Ventures and Kalaari Capital, along with angel investors from the entertainment and gaming community. The proceeds will be used to build a portfolio of innovative mobile games in the ‘relax and unwind’ category, tailored to a global audience. The company will utilise the proceeds to launch and scale games in the US and Europe. Founded by Karan Khairajani in 2024, Triple Tap Games is focused on crafting ‘relax and unwind’ experiences for a global audience. The team has previously created successful titles like Soap Cutting, Acrylic Nails, and Hair Dye, which together have amassed over 400 million mobile game downloads. In 2021, the team was acquired by Crazy Labs and is now embarking on a new journey to create hybrid casual games.
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No, the great tech layoffs of 2023 aren’t happening again
Wired
·
1y ago
Medial
Tech companies like Amazon, Google, Duolingo, and Twitch have recently announced job cuts, but experts suggest that these layoffs may not indicate a continuing decline in the tech industry. Unlike the large-scale layoffs seen in previous years, these cuts are more targeted and focused on specific departments and products. The tech sector as a whole remains healthy, with stable consumer habits after the pandemic. While smaller job cuts may continue, experts do not foresee a widespread wave of layoffs across the industry.
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