“I’m worried about longevity of Twitch”: Summit1g comments on Twitch’s updated payout system and 50/50 revenue split
Twitch veteran Jaryd Russell "Summit1g" commented on the platform's updated streamer payout system during his September 22 livestream. Before beginning to play Rust, Summit1g noticed a Twitch viewer asking him about the 50/50 streamer revenue split.
The streamer stated that the Amazon-owned livestreaming platform was seeking "here and now" money, and that he was worried about the platform's longevity. Summit1g remarked:
On September 22, Twitch's president, Dan Clancy, revealed the updated streamer payout system via a blog post. He mentioned that the 70/30 streamer revenue split was being replaced by the 50/50 revenue split.
Furthermore, Clancy stated that Twitch's updated 'Ad Inventive Program' would be a "great way" for content creators who are affected by the new payout system to earn more money. An excerpt from the post read:
Clancy mentioned that the operational cost of the platform was one of the primary reasons for this sudden shift. He detailed that Twitch spends $1,000 per month to host a 200-hour long livestream:
Summit1g spoke about the aforementioned changes at the 27-minute mark of his broadcast. He began the discussion by stating that Twitch was looking for the "here and now" money, and that the situation worried him. He said:
Timestamp: 00:27:21
Twitch viewer Fiogz commented that Twitch streamers will soon be required to find a "real job":
Summit1g smiled as he read the message aloud, mentioning that some content creators "came from real jobs." Jaryd also speculated that the revenue reform could affect certain content creators:
The streamer's clip was one of the most highly-upvoted posts on the r/LivestreamFail subreddit. One Redditor agreed with Summit1g's take and stated that Twitch "doesn't care" about the future
Read more on sportskeeda.com
