Twitch to shut down in South Korea due to \u201cprohibitively expensive\u201d costs TwitchTwitch has announced its sudden decision to cease operations in South Korea, citing \u201cprohibitively expensive\u201d costs as the motivation. Twitch, the renowned streaming service operated by Amazon, will shut down its services in Korea on February 27, 2024, the company has confirmed. Twitch CEO Dan Clancy explained in a detailed blog post that the platform has allegedly suffered from the \u201cprohibitively\u201d high costs of operating in the Korean market. And now, Twitch has made the \u201cvery difficult decision\u201d to shut down all operations in the region. \u201cTwitch has been operating in Korea at a significant loss,\u201d Clancy stated in the blog. \u201cOur network fees in Korea are still 10 times more expensive than in most other countries.\u201d Clancy notes that despite efforts to reduce costs, including experimenting with a peer-to-peer model and limiting source quality to 720p, the financial challenges have seemingly proven insurmountable. Twitch\u2019s closure will mark a significant shift in the Korean streaming landscape, where Twitch has been a major player. \u201cTo all of our global communities, we want to make it clear that this is a unique situation,\u201d Clancy emphasized, acknowledging the distinct challenges faced in Korea compared to other markets. With the announcement, Clancy has also assured that Twitch is committed to assisting Korean streamers in transitioning to other local livestreaming services. \u201cWe plan to help these communities find new homes \u2014 even if it\u2019s regrettably not on Twitch,\u201d he said. \u201cWe will work to help Twitch streamers in Korea move their communities to alternative livestreaming services in Korea.\u201d Clancy has since addressed the affected Korean streamers directly on X (formerly known as Twitter), saying, \u201cI just wanted to send out my thoughts to them as I am aware that this will have a real impact on them.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Twitch to shut down in South Korea due to \u201cprohibitively expensive\u201d costs TwitchTwitch has announced its sudden decision to cease operations in South Korea, citing \u201cprohibitively expensive\u201d costs as the motivation. Twitch, the renowned streaming service operated by Amazon, will shut down its services in Korea on February 27, 2024, the company has confirmed. Twitch […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-62860","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/62860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=62860"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/62860\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=62860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=62860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=62860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}