I've received a notification that my subs will be going up to 7.99 just 3 months after they went up to 5.99. That's a 60% increase.
What is going on over there?
External link →I've received a notification that my subs will be going up to 7.99 just 3 months after they went up to 5.99. That's a 60% increase.
What is going on over there?
External link →Twitch Revenue 2016 = $275,000,000.00 Twitch Revenue 2023 = $3,000,000,000.00 (billions)
If Twitch isn't profitable after that much growth and billions of dollars, they need to fire that ads loving CEO and restructure. 😊
Or maybe they'll never care that Twitch loses money because every second it drives consumers to buy from Amazon and buy Amazon Prime, the question then becomes just how much money is it allowed to lose.
Source: https://www.businessofapps.com/data/twitch-statistics/
I can warrantee you that Twitch didn´t make $3B in 2023. That data is wrong.
Revenue and profit are two different things, they can have a revenue of 3 billion and still not have a profit
There's never been neither any profit nor $3B of revenue at Twitch.
Edit: wow, this community... why was I exactly downvoted?