Emmett Shear, the current and former CEO of Twitch. A live-streaming network devoted mostly to video games has announced his resignation.
Shear has been replaced as CEO by Dan Clancy, Twitch’s current president. Shear announced the decision in a blog post on Thursday and said he would remain at Twitch in an advising capacity.
With the birth of his first kid, Shear announced he would be leaving his role as CEO of Twitch. Having just become a father, I’ve been thinking about my future with Twitch. “Twitch frequently reminds me like a kid I’ve been raising,” he said. And although I want to be there for Twitch whenever she needs me. I think she is mature enough to go out on her own now that she is sixteen. Hence, it is with deep regret that I announce my resignation as CEO of Twitch. And I feel prepared for this shift and the new difficulties it will bring. So I can be there for my kid as he makes his way in the world.
From 2011, Shear was Twitch’s chief executive officer. In 2014, Amazon reportedly paid $970 million to purchase the company. Shear praised Amazon as “the finest acquirer I could have asked for” in his piece. We were able to flourish and be ourselves because Amazon gave Twitch the space it needed to be unique.
There aren’t enough words to describe how much of a blessing Twitch has been to me,” Shear went on to say. For me, personally, Twitch has served as a hub for interaction with other gamers and a source of entertainment. The Twitch community has become like a second home to me.
Twitch, as Shear recounted, began in the autumn of 2006 as an idea to create a live. Round-the-clock reality TV program about the life of video game streamer Justin Kan. From there, Shear, Kan, Michael Seibel, and Kyle Vogt developed Justin. tv. A platform for people to “lifecast” themselves in internet videos. After the success of gaming broadcasts on Justin. tv, the firm rebranded as Twitch Interactive in February 2014. And released the standalone Twitch. tv service in the middle of 2011. According to Shear, the Twitch shift inside Justin. tv was spearheaded by the company’s founders, Kevin Lin, Jacob Woodsey, Jon Shipman, and Mike Ossareh.
More than 8 million people now use Twitch every month to broadcast their gameplay. The 24/7 reality TV program was a horrible concept, but the interactive live video on the internet has proven to be a successful one, as Shear said.
Since Lin, previously Twitch’s COO, left the firm in November 2020, Shear has been the only surviving co-founder.
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