this post was submitted on 24 Feb 2024
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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.

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[–] PrinceWith999Enemies@lemmy.world 37 points 9 months ago (1 children)

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.

[–] TwanHE@lemmy.world 14 points 9 months ago (1 children)

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.

[–] Dasus@lemmy.world 4 points 9 months ago* (last edited 9 months ago)

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