The popular live broadcast platform Twitch announced that it will withdraw from the Korean market on February 27, 2024. The main reason is that the local network cost burden is too high, and it has been unable to improve after trying multiple solutions. It also stated that this is a single market case, and other countries and regions There will be no problem of exiting the local market.
Twitch CEO Daniel Clancy issued an announcement on the official website. The company sincerely apologizes to all users in South Korea. Since the local network cost in South Korea is too expensive, the team has tried to use a variety of methods to save costs in the past, including P2P point-to-point transmission, Limit the video resolution to 720P and so on in an attempt to reduce costs.
It’s just a pity that even after making these plans, South Korea’s Internet costs are still “10 times higher” than other countries, causing Twitch to have been losing money in South Korea for many years, and it has found no other way to try to achieve permanent success. Solutions for continued operations.
As for users in other parts of the world, please don’t worry. The move to withdraw from the Korean market is just a single case. It is just a difficult decision after long-term attempts to solve the cost problem have failed.
Twitch will assist Korean live broadcasters in the migration process. Even if they may not choose to stay on Twitch, in order to allow these live broadcasters to move to other Korean live broadcast platforms, the team is also preparing corresponding services to provide assistance. , and communicate with partners.
I wanted to quickly send my thoughts out to the Korean streamers that are impacted by the decision we have announced today. As I stated in the blog and in the live stream, this was a very difficult decision that we delayed for some time. I just wanted to send out my thoughts to…
— Daniel Clancy (@djclancy999) December 6, 2023
Regarding Twitch’s withdrawal from the Korean market, it is currently unclear whether it will just shut down the local servers, or delete all accounts and channels registered in South Korea. If it is the former, the impact on live streamers will be relatively small, but additional steps may be needed. Hang up a VPN to avoid video delays, but if it is the latter, it basically means that you will hardly be able to see any local live content in South Korea in the future.
Since South Korea is a center for digital popular information such as e-sports, music, and movies, and many sideline content is also loved by seasoned gamers, local live broadcasts have considerable influence on the world. Twitch’s withdrawal will have a profound impact on people who love games. For users of Korean culture, it is undoubtedly a huge loss. We can only seize the time, watch and cherish it.
2023-12-06 03:50:05
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