Monday, July 29, 2024

Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023 (Wall Street Journal)

Wall Street Journal:
Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023  —  Amazon Paid Almost $1 Billion for Twitch in 2014.  It's Still Losing Money.  The live-video service has slowing user growth …



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How Epic is transforming Fortnite into a content platform, paying $350M to creators in 2024; 36.5% of the total playtime was spent in games made by creators (Julia Alexander/Posting Nexus)

Julia Alexander / Posting Nexus : How Epic is transforming Fortnite into a content platform, paying $350M to creators in 2024; 36.5% of t...