06.12.2023 17:36 Uhr, Quelle: Engadget

Twitch to cease operations in South Korea over ‘prohibitively expensive’ network fees

Twitch is leaving South Korea, with plans to cease all operations on February 27. This is due to ‘prohibitively expensive’ networking fees, according to CEO Dan Clancy. The news is a major bummer, as the country is one of the largest esports markets in the world, with some of the most competitive League of Legends and Starcraft players around. Clancy calls this a “unique situation," noting that operating in South Korea ends up being ten times more expensive than other countries. He went on to write that Twitch undertook a “significant effort” to continue operations, but the Amazon-owned company simply couldn’t afford it. Some of these efforts included incorporating a lower-cost peer-to-peer model and downgrading the resolution of streams to 720p, according to TechCrunch. The company had been running at a significant loss and it decided to, well, stop doing that.  “I want to reiterate that this was a very difficult decision and one we are very disappointed we

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