Twitch is Shutting Down in Korea



By: Jason Siu


1 min read

Home » News » Twitch is Shutting Down in Korea
Twitch is shutting down its business in Korea on February 27, 2024

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Popular streaming platform, Twitch, is shutting down its operations in Korea on February 27, 2024 KST. The company made the announcement in a blog post, saying that the “cost to operate Twitch in Korea is prohibitively expensive.” Despite significant efforts to cut costs, including experimenting with peer-to-peer models and adjusting source quality, Twitch’s network fees in Korea remain 10 times higher than in most other countries. The company confirmed it has been operating at a significant loss in Korea with no sustainable path forward for the business there.

Twitch emphasized this shutdown as a unique situation, not reflective of its other business operations—the company has been transparent about its challenges in Korea for some time. With the news of the shutdown, Twitch is going to work on helping find its communities new homes, even if it’s not on Twitch. The platform will collaborate with Korean Twitch streamers to transition their communities to alternative services, reaching out to those services for assistance.

“I want to reiterate that this was a very difficult decision and one we are very disappointed we had to make,” said Dan Clancy, Twitch CEO. “Korea has always and will continue to play a special role in the international esports community and we are incredibly grateful for the communities they built on Twitch.”

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With over 20 years of online publishing experience, Jason Siu is currently the Content Director at VerticalScope and used to spend most of his time writing about cars. His work can be seen on websites such as AutoGuide, EV Pulse, FlatSixes, Tire Authority, and more. As the former co-founder of and West Coast Editor of Modified Magazine, he has also authored two books for CarTech Books. In his spare time, he founded FullCleared to indulge in his passion for writing about games. Although Jason is a variety gamer, he generally prefers RPGs.

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