Twitch is shutting down business in Korea
Twitch is shutting down its business in Korea, stating that it has become "prohibitively expensive" to operate in the region. "This morning I shared with our community in Korea that we have made the difficult decision to shut down the Twitch business in Korea on February 27, 2024.
"Ultimately, the cost of operating Twitch in Korea is prohibitively expensive, and we have made significant efforts to reduce those costs so that we can find a way to keep the Twitch business in Korea (...)," Twitch CEO Dan Clancy said via blog post.
He also commented on how the platform aims to help those affected:
“Twitch streamers in Korea have devoted significant time and effort into building their communities, and we plan to help these communities find new homes — even if it’s regrettably not on Twitch. We will work to help Twitch streamers in Korea move their communities to alternative livestreaming services in Korea. We are also reaching out to several of these services to help with the transition and will communicate with impacted streamers as those discussions progress.”
Source: www.blog.twitch.tv