Twitch, the video streaming service owned by Amazon, will shut down its operations in South Korea due to the high cost of operating. Twitch CEO Dan Clancy explained that despite efforts to reduce network costs, operating in Korea is still 10 times more expensive than in most other countries. The decision is a tough call, but Twitch will help streamers in Korea transition to alternative live streaming services.
Share via:
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Twitch to shut down in South Korea, here’s why
Twitch, the video streaming service owned by Amazon, will shut down its operations in South Korea due to the high cost of operating. Twitch CEO Dan Clancy explained that despite efforts to reduce network costs, operating in Korea is still 10 times more expensive than in most other countries. The decision is a tough call, but Twitch will help streamers in Korea transition to alternative live streaming services.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
More like this
Popular
Upcoming Events
Startup Information that matters. Get in your inbox Daily!