clancy

“New Policy Requires Twitch DJs to Compensate Music Labels for Playing Songs on Livestreams”

Gettyimages 1037023406
Twitch has come up with a solution for the ongoing copyright issues that DJs encounter on the platform. Participating DJs in the program must contribute a percentage of their earnings from streams to cover some of the music rights costs. Twitch partnered with all major labels to bring a majority of popular music to the offering, including Universal Music Group, Warner Music Group, and Sony Music, as well as several independent labels represented by music licensing partner Merlin. Additionally, a one-year subsidy is being offered to existing Twitch DJs, providing financial support and a transition period to adapt to the new program. Twitch will soon require DJs to share part of their revenue with the music industry.

Twitch to Terminate 500 More Employees from Its Workforce

Gettyimages 1037023406
The Amazon-owned livestreaming platform will cut 35% of its staff, or roughly 500 employees, Bloomberg reports, and will announce the reduction as early as this week. Shortly after Twitch co-founder and longtime CEO Emmett Shear handed the reigns to its now-CEO Dan Clancy, the company laid off 400 employees. Twitch faces steep operating costs to support livestream content at such a large scale. In a 2022 blog post, Clancy stated that each high-volume streamer on Twitch costs the company about $1,000 per month, citing Amazon Web Service’s interactive video rates. “Delivering high definition, low latency, always available live video to nearly every corner of the world is expensive,” Clancy wrote.