Video gamers face a poorer reality as YouTube and Twitch reconsider multi-million dollar streaming deals: ‘I don’t think that’s a sustainable business’
Amazon.com’s Twitch and Alphabet’s YouTube are phasing out big-money content deals with top livestreaming gamers after years of making seven- and eight-figure offers. Twitch Chief Executive Officer Dan Clancy said in an interview with Bloomberg News at the TwitchCon conference in Las Vegas that the strategy had “created this bidding war, and I don’t think that’s a sustainable …