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Emmett Shear is stepping down as Twitch’s CEO

  • Twitch’s final co-founder and CEO, Emmett Shear is stepping down.
  • While he will remain on in an advisory role, the role of CEO will be taken up by Dan Clancy.
  • Twitch was founded over 16 years ago as Justin.tv where the co-founders streamed the life of Justin.

Over 16 years ago, a few friends started livestreaming a man named Justin and his life. They did this on a website they called Justin.tv and today you might know that website better as Twitch.tv.

This week, one of the last remaining founders of the streaming platform, Emmett Shear announced his resignation as chief executive officer.

“With my first child just born, I’ve been reflecting on my future with Twitch. Twitch often feels to me like a child I’ve been raising as well. And while I will always want to be there if Twitch needs me, at 16 years old it feels to me Twitch is ready to move out of the house and venture alone,” Shear wrote in a blog post.

With Shear leaving, Twitch President Dan Clancy will fill the role of CEO and while Shear seems to think he “cares deeply” for the platform, some may argue the contrary.

This is because, Clancy was the one behind Twitch’s decision to stop the conversation about a 70/30 ad revenue split, in its tracks last year. While Twitch splits revenue it earns from advertising 50/50 with creators, some creators get 70 percent while Twitch takes a markedly lower 30 percent cut.

Many streamers tried to convince Twitch to make the 70/30 split universal but Clancy stopped that conversation in its tracks last year.

“We believe we have the most compelling offering for streamers, and there’s still more we can do. The best Twitch is the one we build together, and your feedback helps us evolve in the right direction,” said Clancy.

But Twitch has been falling out of favour among creators. Not only has YouTube lured away major creators including Ludwig, Valkyrae and Sykkuno, other platforms are emerging with a view to giving creators more.

This includes Kick which, while controversial, claims to offer creators up to 95 percent revenue split.

How long Kick can remains above water is unclear as other platforms such as Facebook Gaming and Mixer haven’t lasted all that long.

Despite its problems, Twitch has remained and while it has had its fair share of problems, it’s staying power really is unmatched.

While Shear is no longer the CEO, he says that he will remain at Twitch in an advisory role though how deep his influence will stretch in that regard is unclear.

We are curious to know what changes, if any, Clancy makes to the platform as its new CEO. We are however, aware that with platforms as big as Twitch, wide sweeping changes aren’t made on a coin flip so any major changes are likely to be introduced slowly.

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