There are bad times in Twitch. The situation in one of the best-known live content distribution platforms in the world digital environments It has not been easy for a long time, taking into account that in 2023 suspended its activities in Koreaof the South to reduce expenses and ended up with 400 jobs in two rounds of sudden layoffs. Furthermore, nine years have passed since the sale to amazonwhich disbursed 970 million dollars and continues without making profits from its operations. This combination of elements usually sends negative signals to investors and complicates the arrival of new resources, something that is already beginning to be evident.
Increase the price of the basic modality
Twitch CEO Dan Clancy says they are surviving with the support of the streaming company. Jeff Bezos. “She has been a strong supporter of Twitch and one of the big factors in being sustainable over time and making sure we don't lose money.” She also reinforces the need for the platform to be sustainable and to achieve this goal, part will be reflected in the price of subscriptions and renewals on basic models from June 11.
If you don't know how the platform works, here users can support their favorite streamers through a donation or through a monthly subscription to their channels. Within the functions it offers there are 3 levels of memberships, each with performance differences. But it will be the “tier 1” subscriptions that will become more expensive in more than 30 countries. In compensation, the company also reveals that it is working on tools and functions that streamers can use to monetize their content more efficiently. With these initiatives they hope to offset the price increase and ensure that content creators continue to thrive on their platform.
Price increase in each country
Starting June 11, the price will increase from 3.99 to 4.99 euros both in Spain and in countries such as Austria, Belgium, Bulgaria, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Slovakia and Slovenia. But American users will also have to pay a dollar more to subscribe to the channels of their favorite influencers, as the price will go from $4.99 to $5.99 per month. This measure will not only affect European and American viewers. Argentina, Chile, Mexico, New Zealand, Brazil, Singapore and many more territories are joining the initiative for new amounts.