YouTube and Twitch have competed for top gamers for over three years to boost their live streaming services. Platforms are shifting in terms of gaming talent.
Amazon.com After years of seven- and eight-figure contracts, Twitch and YouTube are ending big-money content relationships with prominent live streamers. At TwitchCon in Las Vegas, CEO Dan Clancy told Bloomberg News that the plan had “created this bidding war, and I don’t think that’s a sustainable business.”
YouTube and Twitch’s Competition for Top Gamers
Two people knowledgeable about YouTube’s approach who requested anonymity said the firm also rejects such offers. The video site is shortening contracts with major game live streamers. The corporation declined to comment. headtopics.com
YouTube and Twitch have competed for top gamers for over three years to boost their live streaming services. The networks calculated that paying influencers to stream live play would attract hundreds or millions of viewers and boost advertising income.
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Clancy said Twitch used to compete with other sites. Streamers still have unique deals inside the corporation, but Clancy is “reducing that significantly.” The corporation is standardizing terms, except for a tiny talent pool.
Several Twitch streamers lost live viewership after switching to YouTube. Others returned to Twitch from other platforms. Gamer live streaming began with Justin.Tv in 2007, and Twitch is the leader in the industry, even if YouTube is bigger.
Conclusion:
YouTube and Twitch have tried to attract top gamers for three years to improve their live streaming. Unfortunately, networks are canceling big-money content deals with famous live streamers. Dan Clancy, Twitch CEO, said the proposal “created this bidding war, and I don’t think that’s a sustainable business.” YouTube is rejecting such proposals and shortening major game live-streaming contracts. Except for a small skill pool, the company is standardizing phrases. After migrating to YouTube, some Twitch streamers lost live viewers, while others returned from other platforms. Even if YouTube is bigger, Twitch leads the business.
Source:
https://headtopics.com/my/twitch-youtube-are-slowing-big-money-deals-for-gaming-47525946
