Amazon.com-Owned Twitch’s Emmett Shear will step down as Chief Executive Officer after over 16 years at the live video streaming platform that he co-founded, he said on Thursday.
President Dan Claancy, Who has been at Twitch Since 2019, will take on the role of CEO effective immediatily, shear said in a blog post, adding that he will remove on as an advisor.
Twitch, which has seen online celebrities like Tyler “Ninja” Earn Millions of Dollars Playing Games And chatting with fans, have come under fire in recent months over revalcing the Amount of Money its biggest streamers could earn from subscriptions, which earlier Amounted to as much as much reg From fans’ subscriptions to their channels.
The company’s Chief of Global Creators, Constance Knight, Also Left The Firm Last Year, According to Media Reports.
Then, in September, the company tweaked the policy and announced it would allow its biggest creators to retain their 70 percent of the revered share for the first $ 100,000 (Nearly RS Standard 50 Percent Share.
“In October 2006 we started working on live video for the internetThat trust twitch. More than 16 years laater, i’m now a father and ready to my next phase of life, “Shear Tweeted on Chiursday.
Shear co-founded live streaming platform justin.tv which became Twitch in 2011 and Quickly Gained Traction in the Gaming Community as it let Viewers Message Players and Each in During LIVENG LIVE Plays.
Three Years Later, It Was Accquired by Amazon For just under $ 1 billion (Nearly Rs. 8,300 Crore).
Incoming Top Boss Clancy Held Senior Roles at Us Space Agency NasaNextdoor and Google Prior to joining twitch.
© Thomson Reuters 2023