Twitch to close down in Korea over ‘prohibitively costly’ community charges

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Twitch plans to close down its enterprise in South Korea on February 27, it mentioned, after discovering that working in one of many world’s largest esports markets is “prohibitively costly.”

In a weblog submit, Twitch CEO Dan Clancy mentioned the agency undertook a “important effort” to cut back the community prices to function in Korea, however finally the charges to function in Korea was nonetheless 10 instances dearer than in most different international locations. The ceasing of operations in Korea is a “distinctive state of affairs,” he added.

“First, we experimented with a peer-to-peer mannequin for supply high quality. Then, we adjusted supply high quality to a most of 720p. Whereas we now have lowered prices from these efforts, our community charges in Korea are nonetheless 10 instances dearer than in most different international locations.”

The Amazon-owned streaming service mentioned it has been working in Korea at a “important loss,” and there was “no pathway ahead” to run the enterprise sustainably within the nation. It’s unclear why community charges is so costly in South Korea, although Clancy is likely to be alluding to the current controversial deliberation within the nation to require tech firms to pay for community prices.

“I need to reiterate that this was a really tough determination and one we’re very dissatisfied we needed to make. Korea has all the time and can proceed to play a particular position within the worldwide esports neighborhood and we’re extremely grateful for the communities they constructed on Twitch,” wrote Clancy.

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