Twitch CEO Resigns Amid Streamer Pay Controversy

[{"selector":"#anim-b26cdd2f-bd26-4c8b-8098-5fc7adda76b9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] On the same day that the company modified how it compensates its best employees, Twitch's SVP of global creators announced her resignation. Constance Knight remarked as viewed by Bloomberg in a letter to staff

[{"selector":"#anim-58393637-8604-4411-8b34-edd3c298de01 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.276829125503276%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] She's embarking on a "new path that offers fantastic development opportunities." Knight was a YouTube and Instagram employee.

[{"selector":"#anim-a8329664-aa19-493d-9aa3-1c7792710618 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Knight departed because Twitch, owned by Amazon.com Inc., reduced the membership fees paid to its top broadcasters.

[{"selector":"#anim-c55d3bdd-c7bb-45b2-85a1-471b0834de82 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Tyler "Ninja" Blevins and other online celebrities may earn millions of dollars.

[{"selector":"#anim-b810e8f8-27fc-4eba-be7e-f4f6a5d821e3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] owing to an arrangement that pays them 70% of subscription money, playing games and communicating with followers.

[{"selector":"#anim-b0092b42-ba7f-4c8f-a620-94dc1d7752a6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Dan Clancy, the president of Twitch, said that top broadcasters will get 70% of earnings up to $100,000 before receiving a 50/50 split.

[{"selector":"#anim-09be4cd3-f25b-4288-a1ad-210bd05221a3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.92437398345229%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Clancy: "We need money to operate this service." " That's intentional, not a mistake.

[{"selector":"#anim-28a41640-ede4-480e-8fcb-dea2f862f19d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] We support streamers' careers and goals because of this inherent partnership.