{"id":27096,"date":"2024-02-22T17:22:21","date_gmt":"2024-02-22T14:22:21","guid":{"rendered":"https:\/\/wikidollar.net\/27096\/twitch-is-raising-subscription-prices\/"},"modified":"2024-02-22T17:22:22","modified_gmt":"2024-02-22T14:22:22","slug":"twitch-is-raising-subscription-prices","status":"publish","type":"post","link":"https:\/\/wikidollar.net\/?p=27096","title":{"rendered":"Twitch is raising subscription prices for the first time (in this country, the increase is 343%)"},"content":{"rendered":"

Twitch is raising subscription prices for the first time (in this country, the increase is 343%)\u060c<\/p>\n

\n

Twitch is increasing its channel subscription prices for the first time, according to Engadget<\/a>.<\/p>\n

A little over a month ago, Twitch announced that one in three of its employees would have to carry out a wave of layoffs of 35%.<\/p>\n

Over two rounds of job cuts, Amazon's Twitch laid off about a thousand workers in total. Moreover, in 2022, Amazon launched its own workforce reduction, which affected some 27,000 positions across the company, and parallels with the \u201cRed Wedding\u201d episode of \u201cGame of Thrones \u00bb have been established.<\/p>\n

Prior to this, Twitch announced that it would cease operations in Korea (South Korea, not North Korea, duh!) in February 2024.<\/p>\n

The Amazon-owned streaming platform says it has suffered \u201csignificant losses\u201d due to high local costs. The company specifically highlighted the high network fees in the country. Korea has introduced legislation that would force major content providers to pay to use the country's networks.<\/p>\n

Apparently Twitch is having money problems.<\/p>\n

Now, the platform says that “updating prices in multiple countries” will “help streamers' revenue keep pace with rising costs and reflect local currency fluctuations.” The first markets to feel the impact of these changes are the United<\/a> Kingdom, Canada, Australia and Turkey.<\/p>\n

Starting March 28, Tier 1 and Gift Memberships will be more expensive in the UK, Canada, and Australia. A basic\/gift subscription increases from \u00a35 to \u00a36 in the UK, from $7 CAD to $8 in Canada, and from $8 AUD to $9 in Australia. Tier 2 and Tier 3 prices will remain the same in these countries.<\/p>\n

In T\u00fcrkiye, Twitch is significantly increasing the price of all three tiers. For example, a Tier 1 submarine will soon cost 43.90 lira ($1.42) instead of 9.90 (32 cents). Don't be shocked by these numbers: the value of the Turkish lira has fallen over the past decade. However, a 343% jump is no fun if you're the one paying for it.<\/p>\n

\n

Existing subscriptions will automatically renew at the new price \u2013 no action necessary. Existing subscribers will be informed by email one month before this price change takes effect. We do not change the price of Tier 2 or 3 subscriptions or gift subscriptions in Australia, Canada or the United Kingdom. These updates only apply to subscriptions purchased on desktop or mobile web. We will update pricing on mobile apps in the coming months.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Twitch is raising subscription prices for the first time (in this country, the increase is 343%)\u060c Twitch is increasing its channel subscription prices for the first time, according to Engadget. A little over a month ago, Twitch announced that one in three of its employees would have to carry out a wave of layoffs of […]<\/p>\n","protected":false},"author":1,"featured_media":27097,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4948,4763,3077,9301,2450,814,2214],"class_list":["post-27096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-country","tag-increase","tag-prices","tag-raising","tag-subscription","tag-time","tag-twitch"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/27096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27096"}],"version-history":[{"count":1,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/27096\/revisions"}],"predecessor-version":[{"id":27098,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/27096\/revisions\/27098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/media\/27097"}],"wp:attachment":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}