Twitch CEO Emmett Shear Steps Down After 16 Years
- Mar 16, 2023
Amazon-owned Twitch announced on Thursday that Emmett Shear, who co-founded the platform, will be stepping down as CEO after sixteen years in charge. Dan Clancy, who has been with Twitch since 2019, will be taking over the role with immediate effect. Shear will remain on board as an advisor.
Twitch has grown to become one of the most popular video streaming platforms, with celebrities like Tyler "Ninja" making millions of dollars by playing video games and interacting with fans. However, Twitch has come under fire lately for reducing the earnings its biggest streamers could get from subscriptions, which used to be as much as 70 percent of the revenue from fans' subscriptions to their channels.
The new CEO, Dan Clancy, has a lot of experience in the gaming industry. Before joining Twitch, he was the Executive Producer of Microsoft Studios, where he worked on popular franchises like Halo, Forza, and Minecraft. He also has extensive experience working with the Xbox Live service.
Under Clancy's leadership, Twitch is expected to continue to grow and expand its reach. The platform is already one of the most popular streaming services in the world, and Clancy is expected to take it to the next level. He has already made some key changes since taking the helm, including the launch of the Twitch Rivals program, which allows players to compete in tournaments and win prizes.
It will be interesting to see what new changes Clancy will bring to the platform. Twitch has already come a long way since Shear's tenure and is now one of the most popular streaming services in the world. What do you think Clancy will do to take it to the next level? Leave a comment below and let us know!