Why is Twitch Falling Behind YouTube?

Coding With Strangers

Hey Strangers, #Youtube #twitch #streamer Amazon bought Twitch, the livestreaming platform, 10 years ago, with the hopes it would be buying the next YouTube or Instagram — an up-and-coming media app that would explode in popularity and profit when hooked to a Big Tech platform. Instead, The Wall Street Journal reports, Twitch has fizzled: It's losing money on annual revenue of $2 billion — a nothingburger by Amazon's standards — and usage seems stalled. This year, the company reportedly cut a third of Twitch's staff, and there's worry about its place in Amazon at a time when CEO Andy Jassy is looking to tighten the company's focus. ======================================= My other podcast https://www.youtube.com/channel/UCKpvBEElSl1dD72Y5gtepkw ************************************************** Something Strange https://www.youtube.com/watch?v=GRjVc2TZqN4&t=4s ************************************************** article links: https://www.businessinsider.com/twitch-amazon-livestream-disappointment-competition-tiktok-youtube-2024-7 https://www.theverge.com/2024/7/29/24207119/twitch-tiktok-feed-app-update https://www.dexerto.com/twitch/twitch-viewer-claims-gifting-subs-tore-apart-his-life-with-50k-debt-2840533/ ====================================== Today is for push-ups and Programming and I am all done doing push-ups Discord https://discord.gg/MYvNgYYFxq TikTok https://www.tiktok.com/@strangestcoder Youtube https://www.youtube.com/@codingwithstrangers Twitch https://www.twitch.tv/CodingWithStrangers Twitter https://twitter.com/strangestcoder merch Support CodingWithStrangers IRL by purchasing some merch. All merch purchases include an alert: https://streamlabs.com/codingwithstrangers/merch Github Follow my works of chaos https://github.com/codingwithstrangers Tips https://streamlabs.com/codingwithstrangers/tip Patreon patreon.com/TheStrangers Timeline 00:00 intro 00:36 What Talking We Talking About 04:57 Article 19:27 My Thoughts 24:10 outro anything else? Take Care --- Send in a voice message: https://podcasters.spotify.com/pod/show/coding-with-strangers/message