Twitch faces challenges from Kick
Twitch, the Amazon-owned streaming platform, is struggling to maintain its previous stature due to challenges from vendors, advertisers, falling numbers, and now the departure of one of its top streamers to rival service Kick. The move by xQc, one of Twitch's biggest stars, has shifted the balance of power and could spell trouble for Twitch.
xQc has signed a two-year, $70 million non-exclusive contract with Kick, which allows him to work with other content platforms such as TikTok, YouTube, and Twitch. The New York Times revealed that the contract could potentially reach $100 million, based on viewership and revenue targets.
The signing of major Twitch streamers to non-exclusive deals with Kick signals the competitive nature of streaming platforms and the potential impact on Twitch's dominance. This move is a significant win for Kick and demonstrates its determination to compete with Twitch and attract high-profile streamers.
xQc's frustration with Twitch's lack of compensation and response to collaboration requests is one of the reasons for his move to Kick. This highlights the growing appeal and potential of the rival streaming platform. It also hints at larger deals in the works for other Twitch streamers.
With the financial backing of two major companies and the potential to become a true streaming titan, Kick poses a threat to Twitch's future. Twitch's failure to recognize xQc as a top player in Fortnite, a defining game of the decade, further highlights missed opportunities for the platform.
This departure adds to the list of Twitch streamers who have left the platform for Kick. Concerns are growing about Twitch's future as new platforms like Kick emerge and take a share of the streaming market.