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Korea slaps $327,067 fine on Twitch for suspending service

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.

itsgroundhogdayagain ,

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

THE_MASTERMIND ,

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

PrinceWith999Enemies ,

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 ,

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 ,
@Dasus@lemmy.world avatar

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 ,

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/

brbposting ,

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).

JohnWorks ,

Isn't twitch shutting down in South Korea anyways?

SinningStromgald ,

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

wreckedcarzz ,
@wreckedcarzz@lemmy.world avatar

"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 ,

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

JohnWorks ,

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

thecrotch ,

I can't imagine why lol

BreakDecks ,

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

sugartits ,

Relevant Simpsons clip...

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