00:21:16.800Now, regarding how much Twitch makes from bits,
00:21:18.440It's unclear, but I'm sure most streamers can agree that Bits donations are nowhere near as common as subscribers.
00:21:23.140It was reported that Twitch generated $185 million from in-app purchases.
00:21:27.580I'm not sure if this includes subscribers and Bits together, or if it's just Bits and other microtransactions like badges, gift cards, and loot cave.
00:21:33.840Either way, we are learning that at best, Twitch is generating roughly $750 million from subs and in-app purchases, or at worst, $185 million.
00:21:41.500Regardless of what the real numbers are, we know that without a doubt, Twitch could never survive on just paid subscribers and in-app purchases,
00:21:46.940which means that likely the two plus billion dollars in revenue they generated in 2022
00:21:50.980pretty much it comes from advertising and brand partnerships the problem with this is
00:21:55.140advertisements are destroying the viewer experience creators have a terrible revenue
00:21:58.880split with twitch which ad block doesn't even work on twitch i don't know how they got past that but
00:22:03.040led to a near 10 decrease in average viewership and watch time for the past two years we all
00:22:07.280know how annoying ads can be besides when i do them because today's video is sponsored by
02:03:26.980this was such a long detour let's go back to have all these videos i wanted to watch
02:03:34.50012 twitch employees had gone to hr or logged complaints with their superiors we can do more
02:03:38.520we can wait more than a bit company citing night as a reason now some of you watching could never
02:03:42.220be convinced that sitting at a computer and playing video games could become a stressful
02:03:45.640or an annoying job in any way shape or form but at the end of the day it still is a job and anyone
02:03:50.040can burn out from any job that they do every single day losers another previous twitch employee
02:03:54.380no it's stupid excuse imagine burning out from streaming it's stop calling it burning out as
02:03:59.200if it's hard work it's not youtube to state how they feel about the company twitch doesn't care
02:04:03.320about creators i mean it is but it's just stop saying burning out like there's people that are
02:04:09.020getting blown up in minds if you you can't muster up the courage to turn on your camera and talk
02:04:14.700about woke culture or whatever what you can't cancel people are playing harry potter for five
02:04:19.700minutes you can't play video games or something which cares about looking like they care about
02:04:24.080creators everything twitch has done for the last four years has been with the goal of feeling like
02:04:30.780they understand and care. Although this could seem like an employee who is just upset about
02:04:34.520being fired, Twitch has shown time and time again that no matter how large of a creator you are,
02:04:38.440they will take you down, even at your highest moment. Kai Sanat, a creator who only just
02:04:42.580started streaming in February of 2021, dominated Twitch in all of 2022. He reached the very rare
02:04:47.440milestone of 100,000 subscribers, which made him the number one most subscribed creator at that
02:04:51.960time. This prompted him to do a subathon, which was a 24-7, 28-day long non-stop stream in February
02:04:57.5802023 to try and break the record for earning the most subscribers on twitch in a second
02:05:01.580as obvious as you literally had burnout had to take a stream break for your mental health though
02:05:04.400no i didn't that was that was clickbait i i took a picture like i need to take a break for my mental
02:05:09.580health it's not for my mental health it's because i want to see the world it's because i don't want
02:05:12.640to be sitting down every day talking about the same exact things just in my bedroom playing video
02:05:16.800games i want to see life so that i have some something more to talk about that record was
02:05:21.680previously held by ludwig at 283 000 not only did kai break it he demolished it peaking at
02:05:26.740306,621 all-time subscribers. It was reported that he earned Twitch $10 million while Kai only
02:05:33.740received a $2 million payout. These numbers were false and Kai did not appreciate the narrative.
02:05:56.740Kai breaking the sub record was huge news, covered by publications like the BBC and Bloomberg.
02:06:01.740And most of us would assume that Twitch would do anything to boost Kai up.
02:06:04.400After all, he made history on their platform.
02:06:06.180At the very least, they would try to use this amazing moment to show the world what wonderful opportunities there are for creators on Twitch.
02:06:11.460They could squeeze out more press with Kai and do campaigns to get more people or brands interested in live streaming.
02:10:46.820Remember when Twitch said it was too expensive to run Twitch on IVS?
02:10:49.660Well, Kik uses the same infrastructure.
02:10:51.820The difference is, Kik is likely paying at least 20-50% more than Twitch is to keep their business operating.
02:10:56.480So in a way, no matter how successful Kik gets, they will be paying millions, if not billions, to Amazon, who could use that money to fund Twitch.
02:11:04.000Now, YouTube gaming, or their live streaming service, could very well be a threat.
02:11:07.360The worst part about YouTube is that the live streaming experience is just not as good.
02:20:28.500I don't know one of those. Do you watch any other enemies? I watch a lot. Bleach, My Hero Academia, Naruto, all kinds. Do you like Code Geass? He was too happy about that. Do you like Code Geass? This is what I, this is every time like, yeah, do you watch an anime? This is what I think you look like.
03:06:03.960Some of the first feminists were extremely racist and did not want to include people of color at all in things that they were fighting for.