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The Dire, Bullshit Economics of Twitch Creators

42 pointsby haywirezover 3 years ago

6 comments

aahortwwyover 3 years ago
A somewhat disingenuous article discussing a problem as old as the entertainment industry and painting it as Twitch being somehow uniquely exploitative.<p>&gt; I hope I convinced you to mentally categorize the average hard-working streamer’s career hopes accurately — well into the lottery ticket territory.<p>98% of channels on Twitch aren&#x27;t monetized. They don&#x27;t get revenue share because they don&#x27;t generate any revenue. The bar for monetization on Twitch is <i>very</i> low. So low that &quot;the average hard-working streamer&quot; should be able to meet it pretty easily. Among monetized channels the percentage making minimum wage is closer to 1.5% - very low, but not what I would call &quot;lottery ticket territory&quot;.<p>It&#x27;s also worth noting that at the time of the leak about 50% of active channels on Twitch were about a year old. It takes years to start seeing any sort of &quot;real&quot; money from entertainment, and that&#x27;s not unique to streaming. The chart in the article showing distribution of earnings seems to show a pretty typical power distribution, which is to be expected in entertainment media.
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RF_Savageover 3 years ago
Damn. 0.117% of twitch streamers making even 15kUSD a year is rather bleak in terms of calling it a potential career.
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TheRealNGeniusover 3 years ago
That&#x27;s a very visually repulsive website with titles for graphs&#x2F;charts made for Antman and co.
paulryanrogersover 3 years ago
Describing the shove sellers as LARPing content creation is very incisive. Funny how often the most successful are often selling &quot;how to sell&#x2F;create&quot; or some fictional image of creation.
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erulabsover 3 years ago
The post ends with the term “fishpilled”, which I have never heard before and cannot find a definition for. Anyone have a definition?
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vintermannover 3 years ago
&gt; In this model, even a 10x increase in payouts would not broaden the base significantly.<p>I wonder if this isn&#x27;t true of e.g. Spotify as well.