Streaming News for Week of October 2nd 2023
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Streaming Industry News
Twitter Gears Up to Offer a Competitor to Twitch
Twitter has shared how creators can stream gaming content with OBS on their platform, a clear signal that the company is serious about becoming a competitor to Twitch in the streaming space. Twitter has a number of advantages over Twitch, including a larger user base and a more integrated social media platform. However, Twitch has a significant head start in the streaming market, and it will be difficult for Twitter to catch up.
Cloudflare Launches Open Beta of New Low-Latency HLS Streaming
Cloudflare has launched an open beta of its new Low-Latency HLS streaming service. HLS is a streaming protocol that is widely used for live streaming video. Cloudflare’s new service promises to reduce latency and improve the performance of live streams by up to 50%. This is a significant development for the streaming industry, as it could lead to a better viewing experience for users, especially those who live in areas with poor internet connectivity.
TikTok Reduces VOD Storage on Live Streams
TikTok has reduced VOD storage on live streams from 90 to 30 days. This change was likely made to reduce costs and improve performance. While some users may be disappointed by this change, it is important to remember that TikTok is a free platform. TikTok is still a relatively new platform, and it is likely that it will continue to evolve in the coming months and years.
YouTube CEO Neal Mohan Focuses on Safety
In a recent interview, the new YouTube CEO Neal Mohan shared that safety is his number one responsibility. He also pledged to focus on making YouTube more accessible to people around the world. These are positive goals, and it will be interesting to see how Mohan achieves them.
YouTube Updates Ad Guidelines on Controversial Topics
YouTube has updated its ad guidelines on controversial issues, such as sexual and domestic abuse, abortion, and eating disorders. This is a positive step, as it will help to create a safer and more inclusive platform for all users. The new guidelines make it clear that YouTube will not tolerate ads that promote these controversial topics.
Other Streaming Industry News
- Linktree has posted its annual Creator Report, which includes some valuable takeaways for creators at all stages of their journey.
- Xsolla (Twitch’s payment processor) has acquired AccelerateXR, their most significant update since offering integration with Crypto.com Pay. This acquisition will allow Xsolla to expand its reach into the virtual reality and augmented reality market.
- Spotify is introducing Voice Translation and Dubbing for podcasts. This is a great new feature for users who want to listen to podcasts in a language other than their native language.
- Gabi Belle has written a fascinating article about the Weird World of TikTok Live. In the article, Belle explores the different types of content that are streamed on TikTok Live, and she discusses the culture that has developed around the platform.
- Bandcamp is being sold to Songtradr, which also owns Pretzel Rocks. This acquisition is likely to have a significant impact on the independent music industry, as Songtradr is a major music distributor.
- Epic Games has laid off 16% of its staff. This is the first major layoff in Epic Games’ history, and it is a sign that the company is facing some challenges.
- TikTok Stars are doing 24/7 livestreams and making significant money, according to Wired. This is a new trend in the streaming industry, and it is unclear how sustainable it is in the long term.
Overall, the streaming industry is a dynamic and ever-changing landscape. There are new developments happening all the time, and there is a lot of potential for growth. It will be interesting to see how the industry evolves in the coming years.
Additional thoughts
The streaming industry is still in its early stages of development, and there is a lot of room for innovation. We can expect to see new streaming platforms emerge in the coming years, and we can also expect to see existing streaming platforms continue to evolve.
One of the most important trends in the streaming industry is the shift towards mobile streaming. More and more people are watching streaming content on their smartphones and tablets. This trend is being driven by the increasing availability of high-speed mobile internet and the growing popularity of mobile devices.
Another important trend in the streaming industry is the rise of live streaming. Live streaming allows creators to interact with their viewers in real time. This type of content is very engaging and can be used to build a strong community around a brand or channel.
The streaming industry is also facing some challenges. One of the biggest challenges is the issue of piracy. Piracy is the unauthorized distribution of copyrighted content. Piracy can have a significant impact on the revenue of streaming platforms and creators