Even prior to the onset of the pandemic, streaming services already accounted for a large share of content consumption, but over the last year, the demand for various platforms has surged to new heights.
However, while audiences watched theatrical releases via streaming services like Amazon Prime and HBO Max or attended live concerts like Verzuz — recently acquired by Triller — on Apple Music and Instagram, they didn't just consume. They ran to platforms like Twitch to create their own content.
Doug Scott, chief marketing officer at Twitch, said that the platform has grown rapidly, and its users have found a home because it provides a sense of community, allowing creators to authentically connect.
“When people come to Twitch, you might initially come for that content but when you get that Go Live notification from a streamer you love, your instinct is not to come in and just see what’s streaming. It’s to come in and just say hi," Scott told Cheddar about why users stick around.
As users continue to broadcast themselves and essentially become their own media companies, Scott said Twitch’s priority is always to remain “focused on creators” and establish spaces where their creativity can shine.
“People come to Twitch because there’s an incredible wealth of content there," he said. "There’s obviously gaming content, which we’re well known for. There’s also sports, music, just about anything people are passionate about."
Seth Schachner, Managing Director at StratAmericas, weighs in on Spotify earnings and why that headline-grabbing deal with Joe Rogan could be worth that $250 million.
Mitch Roschelle, Managing Director at Madison Ventures, shares why investors may be waiting longer than expected for those interest rate cuts, and why he’s watching tech, oil, and homebuilder stocks.
Amazon saw 24% growth in their Thursday Night Football audience in 2023. Subscribers will be rewarded with even more sports, but not without enduring more ads — unless they pay extra, of course.
Low unemployment + 350 thousand new jobs in January = ...more layoffs? A bunch of tech and retail companies have laid and are laying off employees after a nationwide hiring surge during the pandemic.
The most magical place on Earth wants a protective order to keep Gov. Ron DeSantis' appointees from knowing how the magic happens. A federal judge dismissed a separate Disney lawsuit last week.
Just days before the 49ers and Chiefs play in Las Vegas, Joe Pompliano, Investor at Pomp Investments and author of the Huddle Up Newsletter, discusses why he thinks this could be the most-watched Super Bowl in history.
Chris Versace of Tematica Research LLC shares his thoughts on Jerome Powell's latest comments, the timing of those crucial rate cuts, and what semiconductor stocks he's watching closely.
We battle an onslaught of advertising every time we scroll through social media. Deinfluencers propose a less pricey, more honest approach to how we shop online. Could they convince us to spend less?