In the announcement, Clancy noted that Twitch paid out over $1 billion to streamers ... The company’s Prime Video and MGM Studios divisions also cut hundreds of roles.

Twitch does not take a cut of the money raised from charity streams. “More charities means more charity, right?” Twitch wrote in a blog post Wednesday, noting that all organizations on its ...

Another round of layoffs is hitting Twitch. The Amazon-owned livestreaming platform will cut 35% of its staff ... He also stated that Twitch had paid out over $1 billion to streamers last year ...

The company further angered its content creators by announcing that it would take a bigger chunk of subscription profits out of their ... has helped brands cut ad deals with Twitch and YouTube ...

Clancy said despite cost-cutting throughout 2023, Twitch "is still meaningfully larger than it needs to be given the size of our business." Last year, Twitch paid out over $1 billion to streamers ...

"Over the last year, we’ve been working to build a more sustainable business so that Twitch will be here for the long run and throughout the year we have cut costs ... we paid out over $1 ...