The problem is that it hurts the larger screamers yes, but it also hurts streamers that are just starting out/ just starting to go big. The only people who are not affected by this are the people in the middle
@@ehdrien5031no it doesn’t, small streamers have already had their pay at 50/50 before this, it was only the top streamers who had the 70/30 split. This literally only effects the top 10% or less of streamers
It's really a testament to the fact that you can literally be anything you want with enough throughput and a bit of luck. Like the man XQC who can't even talk, read or do anything but watch other peoples youtube videos can get a huge paycheck. Wild world we live in. I hope they at least make use of chatgpt4 and has it write subtitles so we can decipher his caveman grunts
@@fearsomewarengine8228 I actually loved watching XQC and he was pretty good at games. I just think it's kinda silly and a bit sad how he really can barely stream games anymore... Makes me sad. :(
he’s being paid more than brain surgeons, cancer researchers, the list goes on.. just so he can be an inaudible rodent rotting away in his own filth and shit. I’m glad we have our priorities in order lmao
Worked at Xbox during the end of mixer. Problem was they didn't know how to support it from the get go. It was originally "Beam" which focused on user interactivity with the stream, but after they bought it, they found out most people don't watch streams like they watch older generations watched live TV, with focused attention, most people watch streams on a second monitor. After that it spiraled and they just wanted "throw money at it" solutions.
$100,000,000 for a guy who starts a video to react to, leaves to get fast food, then spends the rest of the stream eating and ignoring the video. Amazing.
His viewers also spend most of their time eating or working and just used XQC's stream as background noise. We have reached a point in streaming where neither the streamers nor the viewers actually react to the content
Damn, cant believe an online casino that took advantage of the twitch source leak has $100mn to burn. Its almost like they could loss lead to funnel kids into addiction in 5 years time and didn't have to pay any programming R&D.
@@sean8190 essentially selling a product or service at a loss to attract customers, with the goal of growing the total number of customers and then either repricing the service so that it is profitable or funneling the customers over to a more profitable product
@@name-oc2dflike gambling. They might lose money on their streaming stuff, but they'll more than make up for it on their gambling side. Even if only 1% of the dude's that watch someone like XQC go out and gamble in stake, they make a fuck ton of money. These companies don't make this types of moves without having a guaranteed ROI
Another example of loss leading was Sony selling the ps3 at a loss in an attempt to standardize blu-ray as the preferred media format (alongside selling exclusives etc).
From what I've heard the 70/30 split on twitch was standard for not only the very top streamers but for all creators with a consistent number of subs somewhere in the hundreds. Of course in the grand scheme those are still the top 1% of streamers, but its not just the 10k Andies that had the better money split but also a lot of medium sized people that are just starting to make a living and pay rent with twitch before they suddenly got a 30% pay cut by the global 50/50 split.
the number was 1000 subs for the 70/30 split, not in the hundreds. the drop down to 50/50 only affected streamers already making over $275,000 USD a year. EDIT: upon further research 500 paid subs would offer you a 60/40 split, but the 70/30 split prior to the changes was only offered to select partners, usually ambassadors and streamers with upwards of 2500 paid subs over a 3 month period. genuinely, the drop to 50/50 was almost exclusively affecting the top .01% of earners and almost no one else.
@@SumitoMedia Ludwig said it was exactly the same as their "new" deal: 350 subs and hold them for 3 months. Only now there's a 100k cap on money you get from 70/30 split and everything over it is split 50/50
Just watched his video, you're right. That still means at 350 paid subs the 50/50 split being applied only affected creators making nearly $300k a year (almost definitely more because that 350 doesn't include primes). so the notion that any small streamer was affected by the 50/50 split is almost certainly wrong.
I don't get it, the logic is a spouse is compensated for lost wages while caring for kids/etc and theoretically gets what they would have made, and/or retain a similar lifestyle But if someone is an F1 driver/streamer/actor/only fans like this making millions and millions and their husband/wife was just a regular shmuck idk why they'd be entitled to 50% of that when theyd only have made .0001% on their own hahah doesn't seem fair
NGL, dropping that much money on xQc sounds like a stunt purchase to garner hype. I'm reminded of the crypto gold rush where someone paid a ton to an artist to hype NFTs up as a medium for art transactions, then tons of artists lost their shirts by buying into snake oil.
You could fix 70% of problems with streamers and streamer culture if streaming website required proof of age to sign up. Obviously twitch is pretty happy having access to little Timmy's parent's credit cards so it's never going to happen, but removing children would unironically solve most problems regarding anything to do with the internet.
The thing with Kick is that they are a lost leader for stake and they also understand that bringing in big streamers doesn't equal to successful streaming website, they understand very well that what they need is an ecosystem, that's why they're looking into paying streamers regardless of viewership an hourly wage this could be big especially for smaller streamers who have less than 5 viewers, even if they're probably gonna make 0.01$/hour it's still a better incentive than streaming on twitch. And unlike twitch, kick can absolutely burn money on better payout for streamers because stake doesn't make their money from kick anyway, all they want is that sweet traffic and convert them into gambling addicts. the thing with twitch is that most of twitch viewers / traffic will not convert into AWS subscriber (which is the main money maker for Amazon), kick on the other hand absolutely a large proportion of those viewer will convert into stake gamblers because large proportion of them are kids who don't have the concept of money.
Half the people that my girlfriend went to high school with have ended up as gambling addicts because the colleges they went to had events paid for by DraftKings. They were also allowed to advertise freely on a bunch of different college campuses. I can only imagine this is the same kind of pipeline.
Despite its laughable size even after getting legit streamers. I actually liked being able to stream from mixer. I could use my otherwise useless Kinect’s surprisingly good camera, and my Blue Yeti Mic. Sit down on the couch and stream right from my Xbox, with laptop open to run my graphics as what not. It was really easy to use. I never had more than 20 people on a stream but it was a great way to start out learning about streaming.
I dont get why most takes of ContentCreators dont see that Gambling isn't banned on twitch theres still a "slot" and "gambling" section with combined over 60k views at this moment. It's just they banned sponsored crypto-gamble streams, but still stake is used to gamble in these sections.
What I still don't know is if any of the big streaming platforms are making a profit. For RUclips it matters less whether they are or not because using RUclips keeps people in the Google ecosystem. Plus the algorithm is a nice tool for shaping public opinion. Is Twitch benefiting in the same way, though? Come to think of it, it's a little like movie and TV streaming. Of course they could be cheaper than cable at first. Cable was gouging our eyeballs out. However, there is a built in limit to how low streaming prices can go. Streaming after all uses all the same data infrastructure as cable and phone, and phone and cable still own that infrastructure.
RUclips has started to become profitable as of recently thanks to their sophisticated ad serving programs. They can make back the money spent on video storage by selling ads on the videos. Most live streaming websites haven't found that same success *yet* but surely its possible if someone gets the numbers right.
@SumitoMedia I think it's possible too, in a vacuum. But a streaming customer is worth so much less than any other type of ad viewer or TV watcher per individual.
There is no way they ever make that money back. Maybe they dont care with the gambling site paying all their bills but that was a horrible business decision.
The idea of more competition and other streaming platforms existing sounds good, but here's the issue: it isn't actually competition. Leaving aside the streamer perspective, from the watcher's perspective, nothing really changes. It's just that instead of one convenient site where you'd get all your streams, you now have to deal with multiple of them, and that's not a good thing for consumers. It might be better for streamers, they get to negotiate better deals, but streamers alone don't make platforms. The number of viewers they can pull matters more than what deal they can negotiate. And the number of viewers willing to deal with multiple sites will always be tiny. All these talks of Twitch competitors always focus on how good a deal they're giving to the streamers, but the viewers are always left out of the equation. I'll do everyone's favorite thing, a food analogy. Competition would be two stores selling apples and bananas, competing with each other, which gives the buyers more choice. To attract the buyers, they would have to sell cheaper, or better quality apples and bananas. This is competition. These streaming platforms don't offer that. What they do instead is one store signs an exclusivity agreement with the apple farm, the other one with the banana farm. So one store sells apples, the other bananas. There's no competition, they have no incentive to sell better apples or bananas because they're monopolizing them. If people want one or the other product, all they can do is visit the only store offering it. So from the buyer's perspective, this is just worse, instead of one shop with monopoly on both products, you now have to deal with two monopolies, more hassle. The only way there would be any real competition for Twitch, ever, is when another site pops up that has all the content from Twitch, but better. Which is impossible, due to copyright laws. This is the same reason RUclips is never going away, because you'd need another site with all the videos RUclips offers, but better, and that's never happening due to copyright laws. All this noise will never amount to anything, Twitch will not get any real competition until any competitor can actually provide even half of what Twitch has monopolized. People using "competition is good" are completely missing how this isn't even competition.
I would watch sumitomedia streams on youtube. I might be a minority on this one, but it's cool to pull up youtube and see that ludwig is streaming live, and tune in when I can since I only watch youtube in my off hours. Granted I have never donated because I am poor, but it does still pull me in. YT Live has promise, and great posturing to become a great streaming site since people are already on youtube.
Do you have a second channel on youtube where you could stream? That way we can stick on the platform, but we don't have to deal with "going live" notices unless we want that?
@@SumitoMedia You not diversifying where your content can be viewed is a mistake imo. Some people like myself does not use twitch so I miss out on your streams, where if it was on RUclips where I watch most thing I would check it out.
His personality and him being relatable play a gigantic role in his fame, most of his followers want to hear his opinions on different matters, as they come into his stream riding a wave of drama and linger on because of the things I just said, also he plays a lot of games as most of his following are gamers. :)
I honestly don’t understand how millionaire streamers can be mad at a twitch when twitch to trying to make money off them, when twitch isn’t even profitable? The company that allows you to be a millionaire doesn’t actually turn a profit, and now you’re gonna be mad that company for trying to make a profit off you?
"Allows you to be a millionaire," what does Twitch offer? The site? All content on Twitch, the only reason anyone visits Twitch, is because of the streamers. You've got the relationship other way around. The only thing that allows Twitch to be a thing are the streamers. It isn't Twitch pulling money and paying the streamers a salary. It's the streamers pulling money with their own talent, and that money being taken by Twitch.
@@ongaku1568 idk why you’re trying to make the argument that twitch doesn’t offer anything. It’s literally the platform people use to make money. If twitch didn’t offer anytning, then streamers would just make their own website to stream themselves, and pay for the overhead. But no one does that. Do you know it costs money to run a streaming website that can support hundreds of thousands of viewers? Do you know that twitch is not profitable? They don’t make any money. They only lose money, while the actual streamers become millionaires and make careers out of it. If twitch isn’t profitable, how is another streaming service like Kik going to be profitable without monetizing the streamers? Look at XQC and Anouranth. They moved to another platform. They didn’t start their own website. Plus there is value in being on a streaming platform; discoverability, push notifications, a platform that already had an established user base. Otherwise people have to make new accounts on a new platform to watch you. Only people with established audiences can effectively leave twitch and go to another platform. No one is going to follow small streamers to another platform and make another account somewhere else. It’s obvious when you actually think about snd and don’t mindlessly hate on twitch with the mob.
Most of my issues with Twitch are my issues with any huge company in a capitalist system. They can’t be okay with linear growth and demand exponential growth on their investments, so they turn to more anti-consumer measures. So, when all of the alternatives are so obviously just capital ventures, throwing around 100s of millions, and you just know they’ll have the same problems if they take off, I’m just not interested. tldr; it’s time for the peoples streaming platform comrades! o7
Best part, there's an entire section on Kick dedicated to "Watchparty" where people just stream anything they're watching. Shows, youtube videos etc. Tailor made for big twitch streamers.
Kick will get the same treatment as Twitch simply due to their now-partnership with both Apple and Google Play stores. Once those companies dig their flaws in, you will inevitably have to bend to their rules, or you won't get those sweet, sweet mobile bux.
7:46 That's not right? Part of the reason everyone wanted to get to partner is you got a MUCH better subsplit. Affiliates always had 50/50, but when you went to Partner, you'd get the 70/30. A lot of smaller partners got upset with the 50/50 because they were losing 20% of their revenue. Twitch also still allows gambling? They only banned Stake and off-shore crypto casinos. You can still stream sports gambling, the thing that kicked off the big "gambling bad" movement on twitch. Fanduel is literally their biggest advertising partner. And I'm honestly surprised you didn't mention Rumble. They signed two of the biggest streamers from Twitch and RUclips to do a show on their platform, and there's some weird drama surrounding that now, too.
the 70/30 split was only for partners with over 1000 subs, the *vast* majority of partners on Twitch from the beginning have never seen anything higher than the normal 50/50 split. that fact that the 350 paid subs threshold of the current partner plus program only qualifying less than 1500 accounts should prove that. When I say gambling I specifically meant Stake and online crypto casinos. fanduel wasn't trending on twitter because people were upset about streamers logging hundreds of hours a month streaming on their website with money that wasn't even theirs, that was Stake. and I forgot about rumble. also myfreecams, camsoda, parascope, live.me facebook gaming tinycam and tiktok live I guess.
@@SumitoMedia Got it! I guess the partners I watched always had over the 100 concurrent subs, my bad. The only reason I mentioned rumble was the Kai Cenat & iShowSpeed show. It supposedly got Rumble a ton of new sign ups, but there's been drama about it recently. supposedly Kai and Speed already want out of the contract, and no one can verify the numbers Rumble put out. It's kind of interesting and might make for a good video when it's all said and done.
I was watching a streamer last night who never has over 2k concurrent viewers. He stated he had already exceeded the 350 starting point for the 70/30, and I'm not sure if his 132k followers is near the top for a creator. Maybe all you need is enough ppl who enjoy your content to get you paid.
It might just be the demographic that watches him. I'm sure the top streamers have all the kids because they're the first stream in the list and play the games kids want to watch and all that. I reckon there are people with a more adult-heavy audience that consequently have a much lower viewership but a massively higher sub/donate/whatever proportion.
Okay ngl, this one was very mid for me. But I'm glad I draw no entertainment from watching people stream because I'm happy to know nothing about and care nothing about this topic.
So, its definitely shitty when a platform jerks the users around. Especially when it yoinks your lovelihood or threatens to do so. But at the same time, its important to remember that both RUclips and Twitch are money holes for their parent companies. They lose money almost exclusively. The motivation is simple, "red line go down, try make more money". Its understandable when they go after the most base, simplest to grasp monetary flows every time and end up stepping on their creators' toes in the process.
Its incredibly bizzare to me that thr LARGEST streamers are the ones getting these exemptions on twitch. Comparing it to almost any other industry and its the opposite where you pay less until you make it big. Seeing tech vompanies try to be profitable feels to me lime the push thats going to happen before legislation has to get involved.
When is it the case that small operations get a better deal? Maybe it's just where I'm from, but small is brutal. You don't have the income or necessity to buy things in bulk big enough to get the mega deals, contracts with companies are at a rougher rate and you're not at the top of the list if you need them. The only time it seems like small pays less here is (technically) taxes, even though the reality is that small just has to bite the taxes while big can buy the people they need to dodge and scum taxes as much as they want.
When it comes to gambling, everyones got self control...until you don't. On an unrelated note, Im taking bets for when we think kick is gonna get shut down, dm me for deets.
very solid takes: kick right now feels like the far west that twitch was at the beginning, at some point it is either going to close down of legitimize itself by policing content
I'll mention Rumble. You can set it so that your uploads to youtube auto upload there. They only take 30% of super chats, but for the rest of 2023 they are taking nothing. It all goes to the streamer.
6:37 I'm not into all this streaming stuff and haven't followed it. But your theory that Twitch banned Dr. Disrespect because he had nowhere to go to doesn't make sense to me. Why ban him when Mixer shut down? If they were in talks to increase his monetary contract at that time, why not just cancel that contract and leave him in place under the old contract? It doesn't make sense to ban him under that scenario. But again, I'm not at all familiar with the details, so I'm happy to be enlightened.
well, nice site but i cant see any video there, it literaly doesnt start. chat goes on, albeit it says "disconnected". using firefox of course because chrome (and its derivatives) has total ban on my pcs... meh, i guess i have to stay on twitch
After people realised that offshore casino owners are probably as shady if not less shady people than Jeff Bezos, Twitch was doomed to fail. Kick still isn’t a perfect platform, but every time I go there it’s better than the last time I visited. I can’t say the same about Twitch 😂
its a dog eat dog world out there. it's about gaming the system while you can. Stream that Disney+ catalogue and get that bag while you can. Like I loathe the current state of our economic market and policies but I'm still rolling my face in the keyboard and buying whatever Chinese penny stock comes up for that sweet 100% roi/day while the big players try to hide their deficits in fake shell company listings. Can't do shit to change it, and I don't like it but i'mma take advantage either way
Complaining that gambling is sustaining this industry and a new entrant shows a real lack of understanding about how a great many industrys started in the early 1900s. Reframing corporate images, underhandedly selling sex and cigarettes, leveraging dirty money into clean, Every daytime and evening pop program you've ever seen was inspired by corporations who used them as a vehicle for commercials
I think I am in the minority here because I never heard any shit against twitch for gambling. I mostly hear about the unfair bans compared to like "spreading cheeks" only being a three day and having sex being a week ban but others get yeeted for far less because not a women or something. Like if twitch allowed all sorta soft core porn type things then less complaints would be had besides it obviously being a site mostly those under 18 go too, but the fact they let lots of it slide because twitch staff are in those chats typing with one hand is the issue because kids are still in those streams too. 🤷♂
If I had a bag of nails I would feed it to a baby. I'd feed the baby to a hungry horse. I'd feed the horse to a pack of wild giraffes. Don't mess with me.
That's a lot of nuts
That is a voluminous amount of fruit with indehiscent shells
He got all the nuts now
That's a lotta fish
@@CosPlaywright thats a lot of the constitution
Thats Alota cash Bro
Can we all give our thoughts and prayers to the multimillionaire streamers 🙏 they need all the support they can get rn
🙏
The problem is that it hurts the larger screamers yes, but it also hurts streamers that are just starting out/ just starting to go big. The only people who are not affected by this are the people in the middle
I especially don’t understand the appeal of XQC. All he does is act out. At least pewdiepie tries to be funny and bring some production value.
acting out is appealing to many people it turns out
@@ehdrien5031no it doesn’t, small streamers have already had their pay at 50/50 before this, it was only the top streamers who had the 70/30 split. This literally only effects the top 10% or less of streamers
100 million dollars to watch TikTok and fail to read video game instructions, therefore going back to watching more TikTok.
Crazy.
It's really a testament to the fact that you can literally be anything you want with enough throughput and a bit of luck. Like the man XQC who can't even talk, read or do anything but watch other peoples youtube videos can get a huge paycheck. Wild world we live in. I hope they at least make use of chatgpt4 and has it write subtitles so we can decipher his caveman grunts
@@fearsomewarengine8228 I actually loved watching XQC and he was pretty good at games. I just think it's kinda silly and a bit sad how he really can barely stream games anymore... Makes me sad. :(
he’s being paid more than brain surgeons, cancer researchers, the list goes on.. just so he can be an inaudible rodent rotting away in his own filth and shit. I’m glad we have our priorities in order lmao
Fr I don’t even know why anyone would ever watch this guy
Worked at Xbox during the end of mixer. Problem was they didn't know how to support it from the get go. It was originally "Beam" which focused on user interactivity with the stream, but after they bought it, they found out most people don't watch streams like they watch older generations watched live TV, with focused attention, most people watch streams on a second monitor. After that it spiraled and they just wanted "throw money at it" solutions.
I'm watching the $100M Problem... and being suggested the same video I'm watching.
Amazing work, RUclips. Keep it up.
$100,000,000 for a guy who starts a video to react to, leaves to get fast food, then spends the rest of the stream eating and ignoring the video.
Amazing.
His viewers also spend most of their time eating or working and just used XQC's stream as background noise. We have reached a point in streaming where neither the streamers nor the viewers actually react to the content
Wish I was XQC if it really is that easy to thrive in that ecosystem like him.
@@ihavenojawandimustscream4681 The real problem is that we live in a world where we call it "content"...
Damn, cant believe an online casino that took advantage of the twitch source leak has $100mn to burn. Its almost like they could loss lead to funnel kids into addiction in 5 years time and didn't have to pay any programming R&D.
What is loss lead?
@@sean8190 essentially selling a product or service at a loss to attract customers, with the goal of growing the total number of customers and then either repricing the service so that it is profitable or funneling the customers over to a more profitable product
@@name-oc2dflike gambling. They might lose money on their streaming stuff, but they'll more than make up for it on their gambling side. Even if only 1% of the dude's that watch someone like XQC go out and gamble in stake, they make a fuck ton of money. These companies don't make this types of moves without having a guaranteed ROI
Another example of loss leading was Sony selling the ps3 at a loss in an attempt to standardize blu-ray as the preferred media format (alongside selling exclusives etc).
They have billions to spare and kick streamers care more about money than their viewers like that’s obvious
Another amazing Summy Cummy Upload. Keep that work pumping
please don't call it that
continue calling him that
@@SumitoMedia i can read between the lines and can tell you like being called that
@@LucklessLex please call that
@@SumitoMedia its your legal name now. Sorry
From what I've heard the 70/30 split on twitch was standard for not only the very top streamers but for all creators with a consistent number of subs somewhere in the hundreds. Of course in the grand scheme those are still the top 1% of streamers, but its not just the 10k Andies that had the better money split but also a lot of medium sized people that are just starting to make a living and pay rent with twitch before they suddenly got a 30% pay cut by the global 50/50 split.
the number was 1000 subs for the 70/30 split, not in the hundreds. the drop down to 50/50 only affected streamers already making over $275,000 USD a year.
EDIT: upon further research 500 paid subs would offer you a 60/40 split, but the 70/30 split prior to the changes was only offered to select partners, usually ambassadors and streamers with upwards of 2500 paid subs over a 3 month period. genuinely, the drop to 50/50 was almost exclusively affecting the top .01% of earners and almost no one else.
@@SumitoMedia Ludwig said it was exactly the same as their "new" deal: 350 subs and hold them for 3 months. Only now there's a 100k cap on money you get from 70/30 split and everything over it is split 50/50
Just watched his video, you're right. That still means at 350 paid subs the 50/50 split being applied only affected creators making nearly $300k a year (almost definitely more because that 350 doesn't include primes). so the notion that any small streamer was affected by the 50/50 split is almost certainly wrong.
I wonder if his ex will try and claim she is entitled to some of that 100mil.
I don't get it, the logic is a spouse is compensated for lost wages while caring for kids/etc and theoretically gets what they would have made, and/or retain a similar lifestyle
But if someone is an F1 driver/streamer/actor/only fans like this making millions and millions and their husband/wife was just a regular shmuck idk why they'd be entitled to 50% of that when theyd only have made .0001% on their own hahah doesn't seem fair
NGL, dropping that much money on xQc sounds like a stunt purchase to garner hype. I'm reminded of the crypto gold rush where someone paid a ton to an artist to hype NFTs up as a medium for art transactions, then tons of artists lost their shirts by buying into snake oil.
Never thought i could get a full sumito media informative video, thanks man
The doc hindsight here is crazy
god I wish that was me
is that the Streamer Camp Top 128 MudanTV???
You could fix 70% of problems with streamers and streamer culture if streaming website required proof of age to sign up. Obviously twitch is pretty happy having access to little Timmy's parent's credit cards so it's never going to happen, but removing children would unironically solve most problems regarding anything to do with the internet.
Attaining a salary on the scale of a professional athlete, but on the talent of just another ham-and-egger.
I came for the memes and ended up getting some great investigative journalism. damn bro good work!
The thing with Kick is that they are a lost leader for stake and they also understand that bringing in big streamers doesn't equal to successful streaming website, they understand very well that what they need is an ecosystem, that's why they're looking into paying streamers regardless of viewership an hourly wage this could be big especially for smaller streamers who have less than 5 viewers, even if they're probably gonna make 0.01$/hour it's still a better incentive than streaming on twitch.
And unlike twitch, kick can absolutely burn money on better payout for streamers because stake doesn't make their money from kick anyway, all they want is that sweet traffic and convert them into gambling addicts.
the thing with twitch is that most of twitch viewers / traffic will not convert into AWS subscriber (which is the main money maker for Amazon), kick on the other hand absolutely a large proportion of those viewer will convert into stake gamblers because large proportion of them are kids who don't have the concept of money.
Half the people that my girlfriend went to high school with have ended up as gambling addicts because the colleges they went to had events paid for by DraftKings. They were also allowed to advertise freely on a bunch of different college campuses. I can only imagine this is the same kind of pipeline.
I hadn't heard about any of this. Thanks for keeping me up to date and your insightful thoughts!
Twitch's $100,000,000 Egg Problem
xQc announced the deal on stream a week ago but no one could understand what he was saying.
💀
That's enough to visit the Titanic 400 times
Despite its laughable size even after getting legit streamers. I actually liked being able to stream from mixer. I could use my otherwise useless Kinect’s surprisingly good camera, and my Blue Yeti Mic. Sit down on the couch and stream right from my Xbox, with laptop open to run my graphics as what not. It was really easy to use. I never had more than 20 people on a stream but it was a great way to start out learning about streaming.
I dont get why most takes of ContentCreators dont see that Gambling isn't banned on twitch theres still a "slot" and "gambling" section with combined over 60k views at this moment. It's just they banned sponsored crypto-gamble streams, but still stake is used to gamble in these sections.
A good and deserved rant :) ! Inequalities are embedded in capitalism, it's still sad to see the state of video/stream platforms.
What I still don't know is if any of the big streaming platforms are making a profit. For RUclips it matters less whether they are or not because using RUclips keeps people in the Google ecosystem. Plus the algorithm is a nice tool for shaping public opinion.
Is Twitch benefiting in the same way, though?
Come to think of it, it's a little like movie and TV streaming. Of course they could be cheaper than cable at first. Cable was gouging our eyeballs out. However, there is a built in limit to how low streaming prices can go. Streaming after all uses all the same data infrastructure as cable and phone, and phone and cable still own that infrastructure.
RUclips has started to become profitable as of recently thanks to their sophisticated ad serving programs. They can make back the money spent on video storage by selling ads on the videos. Most live streaming websites haven't found that same success *yet* but surely its possible if someone gets the numbers right.
@SumitoMedia I think it's possible too, in a vacuum. But a streaming customer is worth so much less than any other type of ad viewer or TV watcher per individual.
“That’s allota nuts” is my favorite YT intro
Thank god you're alive! I thought something happened
There is no way they ever make that money back. Maybe they dont care with the gambling site paying all their bills but that was a horrible business decision.
Love this insight! Thank you for sharing your thoughts on an otherwise murky situation
The idea of more competition and other streaming platforms existing sounds good, but here's the issue: it isn't actually competition. Leaving aside the streamer perspective, from the watcher's perspective, nothing really changes. It's just that instead of one convenient site where you'd get all your streams, you now have to deal with multiple of them, and that's not a good thing for consumers. It might be better for streamers, they get to negotiate better deals, but streamers alone don't make platforms. The number of viewers they can pull matters more than what deal they can negotiate. And the number of viewers willing to deal with multiple sites will always be tiny. All these talks of Twitch competitors always focus on how good a deal they're giving to the streamers, but the viewers are always left out of the equation.
I'll do everyone's favorite thing, a food analogy. Competition would be two stores selling apples and bananas, competing with each other, which gives the buyers more choice. To attract the buyers, they would have to sell cheaper, or better quality apples and bananas. This is competition. These streaming platforms don't offer that. What they do instead is one store signs an exclusivity agreement with the apple farm, the other one with the banana farm. So one store sells apples, the other bananas. There's no competition, they have no incentive to sell better apples or bananas because they're monopolizing them. If people want one or the other product, all they can do is visit the only store offering it. So from the buyer's perspective, this is just worse, instead of one shop with monopoly on both products, you now have to deal with two monopolies, more hassle.
The only way there would be any real competition for Twitch, ever, is when another site pops up that has all the content from Twitch, but better. Which is impossible, due to copyright laws. This is the same reason RUclips is never going away, because you'd need another site with all the videos RUclips offers, but better, and that's never happening due to copyright laws. All this noise will never amount to anything, Twitch will not get any real competition until any competitor can actually provide even half of what Twitch has monopolized.
People using "competition is good" are completely missing how this isn't even competition.
I would watch sumitomedia streams on youtube. I might be a minority on this one, but it's cool to pull up youtube and see that ludwig is streaming live, and tune in when I can since I only watch youtube in my off hours. Granted I have never donated because I am poor, but it does still pull me in. YT Live has promise, and great posturing to become a great streaming site since people are already on youtube.
Do you have a second channel on youtube where you could stream? That way we can stick on the platform, but we don't have to deal with "going live" notices unless we want that?
I do have a second channel where I upload streams but streaming on youtube still feels cringe
@@SumitoMedia You not diversifying where your content can be viewed is a mistake imo. Some people like myself does not use twitch so I miss out on your streams, where if it was on RUclips where I watch most thing I would check it out.
I like the ballcap brim look with the hair. Very functional.
I’ve never understood the appeal of XQC, his stream is always him just doing nothing, im sure he’s a fine person but why do people watch him
same I have no clue
His personality and him being relatable play a gigantic role in his fame, most of his followers want to hear his opinions on different matters, as they come into his stream riding a wave of drama and linger on because of the things I just said, also he plays a lot of games as most of his following are gamers. :)
I honestly don’t understand how millionaire streamers can be mad at a twitch when twitch to trying to make money off them, when twitch isn’t even profitable?
The company that allows you to be a millionaire doesn’t actually turn a profit, and now you’re gonna be mad that company for trying to make a profit off you?
"Allows you to be a millionaire," what does Twitch offer? The site? All content on Twitch, the only reason anyone visits Twitch, is because of the streamers. You've got the relationship other way around. The only thing that allows Twitch to be a thing are the streamers. It isn't Twitch pulling money and paying the streamers a salary. It's the streamers pulling money with their own talent, and that money being taken by Twitch.
@@ongaku1568 idk why you’re trying to make the argument that twitch doesn’t offer anything. It’s literally the platform people use to make money. If twitch didn’t offer anytning, then streamers would just make their own website to stream themselves, and pay for the overhead. But no one does that.
Do you know it costs money to run a streaming website that can support hundreds of thousands of viewers?
Do you know that twitch is not profitable? They don’t make any money. They only lose money, while the actual streamers become millionaires and make careers out of it.
If twitch isn’t profitable, how is another streaming service like Kik going to be profitable without monetizing the streamers?
Look at XQC and Anouranth. They moved to another platform. They didn’t start their own website.
Plus there is value in being on a streaming platform; discoverability, push notifications, a platform that already had an established user base. Otherwise people have to make new accounts on a new platform to watch you. Only people with established audiences can effectively leave twitch and go to another platform. No one is going to follow small streamers to another platform and make another account somewhere else.
It’s obvious when you actually think about snd and don’t mindlessly hate on twitch with the mob.
last time I was this early the second plane hadn't made impact yet
Most of my issues with Twitch are my issues with any huge company in a capitalist system. They can’t be okay with linear growth and demand exponential growth on their investments, so they turn to more anti-consumer measures. So, when all of the alternatives are so obviously just capital ventures, throwing around 100s of millions, and you just know they’ll have the same problems if they take off, I’m just not interested.
tldr; it’s time for the peoples streaming platform comrades! o7
Nothing like a Summy Cummy upload first thing in the morning
You could slide in for .164 mill for 1 year man!
Go for it and get the 30+ mill for your second contract.
I am so out of touch I literally have no idea who xqc is. And I'm OK with that.
Kick won’t die from viewers dropping it will die when it’s raided by federal agents
Best part, there's an entire section on Kick dedicated to "Watchparty" where people just stream anything they're watching. Shows, youtube videos etc. Tailor made for big twitch streamers.
I would have been amazed if he got $1 million for this deal
He better not skip the ad reads of the content he is reacting to at this point.
Kick will get the same treatment as Twitch simply due to their now-partnership with both Apple and Google Play stores. Once those companies dig their flaws in, you will inevitably have to bend to their rules, or you won't get those sweet, sweet mobile bux.
the Dr Disrespect thing is pure RAGE; anyhow good 2 see you Sumito
7:46 That's not right? Part of the reason everyone wanted to get to partner is you got a MUCH better subsplit. Affiliates always had 50/50, but when you went to Partner, you'd get the 70/30. A lot of smaller partners got upset with the 50/50 because they were losing 20% of their revenue.
Twitch also still allows gambling? They only banned Stake and off-shore crypto casinos. You can still stream sports gambling, the thing that kicked off the big "gambling bad" movement on twitch. Fanduel is literally their biggest advertising partner.
And I'm honestly surprised you didn't mention Rumble. They signed two of the biggest streamers from Twitch and RUclips to do a show on their platform, and there's some weird drama surrounding that now, too.
the 70/30 split was only for partners with over 1000 subs, the *vast* majority of partners on Twitch from the beginning have never seen anything higher than the normal 50/50 split.
that fact that the 350 paid subs threshold of the current partner plus program only qualifying less than 1500 accounts should prove that.
When I say gambling I specifically meant Stake and online crypto casinos. fanduel wasn't trending on twitter because people were upset about streamers logging hundreds of hours a month streaming on their website with money that wasn't even theirs, that was Stake.
and I forgot about rumble. also myfreecams, camsoda, parascope, live.me facebook gaming tinycam and tiktok live I guess.
@@SumitoMedia Got it! I guess the partners I watched always had over the 100 concurrent subs, my bad.
The only reason I mentioned rumble was the Kai Cenat & iShowSpeed show. It supposedly got Rumble a ton of new sign ups, but there's been drama about it recently. supposedly Kai and Speed already want out of the contract, and no one can verify the numbers Rumble put out. It's kind of interesting and might make for a good video when it's all said and done.
I was not ready for the everton jumpscare
I was watching a streamer last night who never has over 2k concurrent viewers. He stated he had already exceeded the 350 starting point for the 70/30, and I'm not sure if his 132k followers is near the top for a creator. Maybe all you need is enough ppl who enjoy your content to get you paid.
It might just be the demographic that watches him. I'm sure the top streamers have all the kids because they're the first stream in the list and play the games kids want to watch and all that. I reckon there are people with a more adult-heavy audience that consequently have a much lower viewership but a massively higher sub/donate/whatever proportion.
@@sigismundafvolsung5526 probably the case
I always watch Sumito videos on 1.0x
Okay ngl, this one was very mid for me. But I'm glad I draw no entertainment from watching people stream because I'm happy to know nothing about and care nothing about this topic.
After that “legal marriage” my boy needs it
So, its definitely shitty when a platform jerks the users around. Especially when it yoinks your lovelihood or threatens to do so. But at the same time, its important to remember that both RUclips and Twitch are money holes for their parent companies. They lose money almost exclusively. The motivation is simple, "red line go down, try make more money". Its understandable when they go after the most base, simplest to grasp monetary flows every time and end up stepping on their creators' toes in the process.
No idea how its gonna end. For Mixer, I dunno why but It seemed that it was going to fail but for Kick...no idea.
Wow! That ending was hilarious! Funny 10/10 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
bro he secured the bag and the contract isnt even exclusive, what a fucking deal !!!!!!!!!!!!11
That truly is a LOT of nuts
Yeah, I saw that as a hundred grand at first. Holy crap, a hundred MILLION?
Scantily clad clothing : clothing that isn't wearing very much clothing
Its incredibly bizzare to me that thr LARGEST streamers are the ones getting these exemptions on twitch. Comparing it to almost any other industry and its the opposite where you pay less until you make it big. Seeing tech vompanies try to be profitable feels to me lime the push thats going to happen before legislation has to get involved.
When is it the case that small operations get a better deal? Maybe it's just where I'm from, but small is brutal. You don't have the income or necessity to buy things in bulk big enough to get the mega deals, contracts with companies are at a rougher rate and you're not at the top of the list if you need them. The only time it seems like small pays less here is (technically) taxes, even though the reality is that small just has to bite the taxes while big can buy the people they need to dodge and scum taxes as much as they want.
@@sigismundafvolsung5526 like the app store for example. Devs with annual revenue under a certain amount pay less fees on purchases made
When it comes to gambling, everyones got self control...until you don't.
On an unrelated note, Im taking bets for when we think kick is gonna get shut down, dm me for deets.
On time, news!? Someone get the taser i must be dreaming.
monopoly in media streaming/upload services are devastating.
Honestly I like memes more than streamer drama. 💙 though
Well here we go again.....
SATURDAY CONTENT YASSSSSSSS
WubCubs ride for our green goblin. Where he goes, we go.
Wubby7
beard lookin sharp as hell 👍👍
Why did I go to grad school
Damn for a while u was outta my recommended
Love your videos bro👍
Starting my morning with Sumito f yeah!
i feel like kicks rep isnt good enough for a mass migration.
very solid takes:
kick right now feels like the far west that twitch was at the beginning, at some point it is either going to close down of legitimize itself by policing content
Sumito "I'm not a Dramatuber, I swear it's just for the money" Media
Joe Roagen got done dirty
I'll mention Rumble. You can set it so that your uploads to youtube auto upload there. They only take 30% of super chats, but for the rest of 2023 they are taking nothing. It all goes to the streamer.
Alot of monopoly money, indeed!
6:37 I'm not into all this streaming stuff and haven't followed it. But your theory that Twitch banned Dr. Disrespect because he had nowhere to go to doesn't make sense to me. Why ban him when Mixer shut down? If they were in talks to increase his monetary contract at that time, why not just cancel that contract and leave him in place under the old contract? It doesn't make sense to ban him under that scenario. But again, I'm not at all familiar with the details, so I'm happy to be enlightened.
well, nice site but i cant see any video there, it literaly doesnt start. chat goes on, albeit it says "disconnected". using firefox of course because chrome (and its derivatives) has total ban on my pcs... meh, i guess i have to stay on twitch
I'm a loser who games 14 hours a day where is my 100 million bag?
xQc truly is the lebron james of streaming
and gambling
and nothing
Juicero
This is a real Whammy moment.
I simply cannot believe an online casino would do something like this.
Good morning
u first?
It is 11:30pm at night
@lavasharkandboygirl9716 7:30 in the morning my side of the world. Have a good night!
That's a lotta SCHMONEY
now i know wtf kick is, it felt like it sprung up out of nowhere, and hopefully it either cleans up or dies.
who will win, youtube video compression or sumit's hair
Nice smile
Though Kick was that toxic chat app ?
that was kik
I still don't get, why that guy is so popular.
After people realised that offshore casino owners are probably as shady if not less shady people than Jeff Bezos, Twitch was doomed to fail. Kick still isn’t a perfect platform, but every time I go there it’s better than the last time I visited. I can’t say the same about Twitch 😂
its a dog eat dog world out there. it's about gaming the system while you can. Stream that Disney+ catalogue and get that bag while you can. Like I loathe the current state of our economic market and policies but I'm still rolling my face in the keyboard and buying whatever Chinese penny stock comes up for that sweet 100% roi/day while the big players try to hide their deficits in fake shell company listings. Can't do shit to change it, and I don't like it but i'mma take advantage either way
Complaining that gambling is sustaining this industry and a new entrant shows a real lack of understanding about how a great many industrys started in the early 1900s. Reframing corporate images, underhandedly selling sex and cigarettes, leveraging dirty money into clean, Every daytime and evening pop program you've ever seen was inspired by corporations who used them as a vehicle for commercials
new sumito on a saturday? well shit we take those
why would you have a 4k option on this video? who is rich enough for a 4k monitor?
even on a lower resolution screen a 4k youtube video looks better than a 1080p. idk how you don't know this.
cool
Thats alot of 1s
I think I am in the minority here because I never heard any shit against twitch for gambling.
I mostly hear about the unfair bans compared to like "spreading cheeks" only being a three day and having sex being a week ban but others get yeeted for far less because not a women or something. Like if twitch allowed all sorta soft core porn type things then less complaints would be had besides it obviously being a site mostly those under 18 go too, but the fact they let lots of it slide because twitch staff are in those chats typing with one hand is the issue because kids are still in those streams too. 🤷♂
If I had a bag of nails I would feed it to a baby. I'd feed the baby to a hungry horse. I'd feed the horse to a pack of wild giraffes. Don't mess with me.
Pee in the sink. Save the Earth. Don't be ignorant.
@@julianh0990 bro you need Jesus, Bhudda and Mohammed and maybe some pagan gods too