Twitch CEO Emmett Shear to quit; prez Clancy to step up
SUBSCRIBE
JOBS
Go Back
11 months ago 06:00:12am Television

Twitch CEO Emmett Shear to quit; prez Clancy to step up

New Delhi, 18-March-2023, By IBW Team

Twitch CEO Emmett Shear to quit; prez Clancy to step up

Twitch CEO Emmett Shear has announced his intention to step down as CEO of the popular video streaming platform he co-founded over 16 years ago.

Shear announced the news in a blog post on Thursday, saying he will join the company as an advisor. Dan Clancy, Twitch’s President since 2019, will be his successor.

Shear oversaw Twitch’s transformation from a live streaming platform for gamers to a popular hub for online entertainment, with many online celebrities earning millions of dollars from streaming their content during his tenure.

Twitch, on the other hand, has recently come under fire for its revenue-sharing policies with streamers, IANS reported.

In response to this criticism, Twitch announced in September that its top creators would be able to keep 70 percent of revenue for the first $100,000 earned, with the standard 50 percent share taking effect after that.

Clancy, Shear’s replacement, has held senior positions at NASA, Google, and Nextdoor. He will now be in charge of steering Twitch through a period of continued growth and innovation in the highly competitive online entertainment industry.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos