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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[–] JohnWorks@sh.itjust.works 40 points 1 year ago* (last edited 1 year ago) (3 children)

Isn't twitch shutting down in South Korea anyways?

[–] SinningStromgald@lemmy.world 26 points 1 year ago (2 children)

Yes they are. Confirms such at the end of the article.

[–] wreckedcarzz@lemmy.world 25 points 1 year ago

"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"

[–] BreakDecks@lemmy.ml 3 points 1 year ago (1 children)

Confirmed at the end of the headline, lmao. How is this confusing?

[–] JohnWorks@sh.itjust.works 3 points 1 year ago

It says suspending the VOD service not twitch as a whole which is why I was confused.

[–] BreakDecks@lemmy.ml 11 points 1 year ago (1 children)

That is what this article is talking about. Korea is fining them for shutting down.

[–] sugartits@lemmy.world 2 points 1 year ago (1 children)
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[–] thecrotch@sh.itjust.works 1 points 1 year ago

I can't imagine why lol

[–] PrinceWith999Enemies@lemmy.world 37 points 1 year 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 1 year 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 1 year ago* (last edited 1 year 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

[–] kalleboo@lemmy.world 29 points 1 year ago* (last edited 1 year ago) (1 children)
[–] brbposting@sh.itjust.works 27 points 1 year ago

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).

[–] itsgroundhogdayagain@lemmy.ml 27 points 1 year ago (1 children)

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

[–] THE_MASTERMIND@lemmy.today 6 points 1 year ago

Me too but just to round it i am fining $400,000.