Twitch streamers are signing NFL Deals. xQc signs $100 Million deal with Kick.

King Jove

King Of †he Gawds
Joined
May 1, 2012
Messages
33,575
Reputation
10,603
Daps
204,623
Reppin
[redacted]


One of Twitch’s most popular streamers said on Friday that he was joining a rival streaming platform, Kick, in a significant blow to the Amazon-owned site and a sign of its increasingly strained relationship with content creators.

Félix Lengyel, a Canadian known online as xQc, is signing a two-year, roughly $70 million contract, with incentives that could push the total to about $100 million, said his agent, Ryan Morrison.

Mr. Lengyel’s deal — about as large as the two-year contract extension signed by the Los Angeles Lakers’ LeBron James last year — could shake up the economics of the online entertainment world.

“This is more than most professional athletes and megastars,” Mr. Morrison said. “This is one of the highest deals in entertainment, period.”

Mr. Lengyel, 27, chats with fans, hosts reality shows and broadcasts himself playing video games. He has become a star in the livestreaming world, with nearly 12 million followers and the ability to attract tens of thousands of viewers at a given time. By some metrics, he is the most popular Twitch streamer.

“Kick is allowing me to try and do things I haven’t been able to before,” Mr. Lengyel said in a statement. “I’m extremely excited to take this opportunity and maximize it into new creative and fresh ideas over coming years.”

Top livestream personalities can earn millions of dollars and attract communities of loyal viewers by broadcasting their content, but a number of them have left Twitch in recent years, attracted by lucrative deals from other platforms like YouTube. And some streamers have complained that Twitch has become less responsive to its online community and more focused on profitability than keeping streamers happy.

Those concerns came to a head last fall when Twitch said it would take a bigger cut of the revenue that top streamers earn from fans who pay to subscribe to their channels. Twitch altered that policy this week and rolled back a recent change restricting the kinds of advertisements that streamers could show during their broadcasts.


Kick, a streaming platform backed by online gaming and gambling sites in Australia, like Easygo Gaming and Stake.com, an online casino, was launched this year and is emphasizing its streamer-friendly policies. It takes only 5 percent of streamers’ earnings from subscriptions, compared with the 50 percent cut that Twitch takes. As a start-up, Kick is prepared to operate at a loss, said Ed Craven, the company’s chief executive.
Mr. Lengyel will be expected to primarily produce content for Kick, but he will not be locked into an exclusive contract with the site and could pop up on YouTube or TikTok occasionally, Mr. Craven said. Mr. Lengyel still plans to appear on Twitch, though not nearly as often as he did before signing the deal with Kick.

Kick is averaging 110,000 livestreams a day, still dwarfed by Twitch’s seven million monthly streamers and 31 million daily viewers. But it has grown quickly and attracted other stars.

“This is about creating something which is really centered around the creator itself and forming a community that is really built around them and not just solely around a corporate structure,” Mr. Craven said. “We don’t feel like we really have a right to dip into your pockets and take a split of that.”

 

Remote

Veteran
Supporter
Joined
Aug 29, 2013
Messages
82,788
Reputation
25,674
Daps
372,495
So what this implies is that this guy can generate over 100 million dollars of revenue across 2 years.

bold-strategy-jason-bateman.gif
 

King Jove

King Of †he Gawds
Joined
May 1, 2012
Messages
33,575
Reputation
10,603
Daps
204,623
Reppin
[redacted]
Non exclusive too:dead:On top of their 95/5 deals

Who bankrolling these people? They're doing everything in their power to kill twitch, a company backed by Amazon:mjlol:

The internet found out they're bankrolled by Stake.com, a sketchy crypto gambling site.

I thought this shyt was fugazi but they have been throwing crazy money around lately. sponsoring F1 teams and Big time soccer clubs. :lupe:

alfaromeo-paint.jpg



Even bagged Drake :lupe:



I won't be surprised if they get raided by the feds one day. :lupe:
 

peppe

Superstar
Joined
Jan 7, 2015
Messages
8,927
Reputation
3,649
Daps
40,008
kick is backed by crypto casino stake so there could be truth to it :yeshrug:
 

Savvir

Veteran
Joined
Oct 8, 2014
Messages
21,279
Reputation
3,580
Daps
110,071
Non exclusive too:dead:On top of their 95/5 deals

Who bankrolling these people? They're doing everything in their power to kill twitch, a company backed by Amazon:mjlol:
Investors are throwing money at whatever they can to jumpstart kick. They are deep in the red, but banking on making it up in the long term if their platform takes off. These deals will not be the norm, it’s just good timing that this platform is trying to break into the market and investors are gonna eat the loss.
 

LuuqMaan

Superstar
Joined
Mar 11, 2022
Messages
8,043
Reputation
3,141
Daps
45,663
The internet found out they're bankrolled by Stake.com, a sketchy crypto gambling site.

I thought this shyt was fugazi but they have been throwing crazy money around lately. sponsoring F1 teams and Big time soccer clubs. :lupe:

alfaromeo-paint.jpg



Even bagged Drake :lupe:



I won't be surprised if they get raided by the feds one day. :lupe:

:mjlol:
If that’s the case then I wouldn’t be surprised if they stopped paying people and end up getting sued down the line
 
Top