Twitch plans to shut down in South Korea on February 27, 2024
December 6, 2023
Games livestreaming platform Twitch is shutting down its business operations in South Korea February 27, 2024.
According to a blog post from CEO Dan Clancy, South Korea was “prohibitively expensive” to operate despite working to reduce costs. Twitch experimented with a peer-to-peer model for source quality and capping quality at 720p.
“While we have lowered costs from these efforts, our…