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
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/
Well, I am also fining Twitch $327,067. Let’s see who gets paid first.
