Twitch 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 Amazon. In 2014, Amazon 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 Amazon’s failure to make money through Twitch after more than ten years of owning and supporting the platform. The cost of running the site through Amazon’s infrastructure means that the firm has failed to ever profit from the streaming platform, despite it pulling in a reported $2 billion a year.
In the report published in WSJ, it was claimed that fewer users are signing up to Twitch and the ‘biggest spenders’ are neglecting to pump the site with money. In recent months, Twitch has suffered from widespread layoffs as Amazon has attempted to pivot to adjust to new financial woes that have struck much of the wider industry, and per Dexerto, insiders are concerned that another wave is on the horizon.
It was also claimed by those close to Twitch 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 YouTube and Kick and constant complaints from the community about changes to Twitch, 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
First off an investigation needs to be done since they covered for DrDisrespect and apparently 90% of the users are pedos according to former employees and they’re worse than Doc. The site then needs to be shut down once all involved are exposed. The CEO is wasting money on expensive dinners with streamers and he only follows the nude creators he’s a weirdo too. YouTube should be investigated and shut down too they took up Doc and even worse they’ve let MrBeast and his groomers run wild for so long even people outside the pedosphere like SSSniperwolf they never took action against her for doxxing and yes know most of the people on YouTube are also crooks, pedos, or whatever else they’re scumbags! Discord of course needs to be investigated and shut down they allowed CP on there and revenge porn. Facebook allowed human trafficking including through Instagram and Snapchat allowed this stuff too. Twitter/X was the only one that too some action against CP and paywalls help keep out more pedos. BruceDEO knows stuff and he’ll out what he knows from the weirdos in Faze and OTK probably AMP too. RDC I know are weirdos that convention is a freak off same as the MrBeast collab video with all the big names they’re all freaks!
Then shut it down! Is Amazon Games making money?