Korea slaps $327,067 fine on Twitch for suspending service::The Korean telecommunications watchdog said Friday it has slapped a fine of 435 million won ($327,067) on the U.S. live video streaming platform Twitch, which suspended its video-on-demand (VOD) service in the country last year.
I haven’t looked into their finances specifically, but $327k sounds like how much money they probably make in a 15m window on a Tuesday afternoon.
That’s about the same as it costs them to run 30h of 1080p streaming to 100k people.
It’s a drop in the bucket, and one they aren’t even going to pay.
That’s about the same as it costs them to run 30h of 1080p streaming to 100k people.
While I believe the sum is a drop in the bucket for them, those numbers sounds like way too much. I’m ready to be proved wrong, just sounds very expensive.~400 mil to stream 30h of video to 100k people? So 40mil to run 3 hours of video to 100k people, so ~13 mil to run 1 hour of video to 100k people, so 130 won to run 1 hour of 1080p video for one person?
130 won = 0,098$
Doesn’t sound realistic to be honest. I probably misunderstood something here, or you were just exaggerating. Idk.Edit I mistook wons for dollars at first, my bad, fixed sums and now it does look realistic, yes
Isn’t twitch shutting down in South Korea anyways?
That is what this article is talking about. Korea is fining them for shutting down.
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Yes they are. Confirms such at the end of the article.
“you’re in trouble! come here so I can punish you” as the door is ajar, the window is open, and a note is on the nightstand saying “no lol”
Confirmed at the end of the headline, lmao. How is this confusing?
It says suspending the VOD service not twitch as a whole which is why I was confused.
I can’t imagine why lol
The Korean laws around streaming services are absolutely bonkers https://www.internetsociety.org/blog/2022/09/sender-pays-what-lessons-european-policy-makers-should-take-from-south-korea/
Wow.
User wants to watch a video, and the company hosting the video gets a bill. Companies move their servers out of South Korea. OK, but if speeds drop too much then they’ve invented a fine to punish companies for working around the law.
I wonder if corruption or stupidity more likely lead to that law. Preferred this writeup of theirs BTW (clarity).
Well, I am also fining Twitch $327,067. Let’s see who gets paid first.
Me too but just to round it i am fining $400,000.
