Five on Friday: Subscriptions, Suspicions and Sunsetting – Subscription Insider

In this week’s edition of Five on Friday, Twitch is considering reducing subscription revenue for creators from 70% to 50%, and hoping to make up for that in ad revenue. Additionally, Telegram is testing paid products, Americans are suspicious of Big Tech’s place in the journalism world, Elon Musk seeks external funding to pay for his acquisition of Twitter, and Spotify sunsets Spotify Stations.

Twitch plans to cut subscription revenue

Twitch has been slowly making changes to their operations. Bloomberg recently reported that the live broadcasting platform is planning to reduce the earnings that streamers receive, proposing a 20% cut. Streamers are currently receiving 70% of their revenue, and this will be reduced to 50% with this new change. However, with that change, streamers are now being let go from Twitch’s exclusivity that previously tied them to the website. Bloomberg went on to say that Twitch staff were also looking at an option to create multiple tiers and set criteria…

Read Full Story: https://www.subscriptioninsider.com/article-type/news/five-on-friday-subscriptions-suspicious-and-sunsetting

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