Twitch’s exit highlights costs of South Korea’s insular digital strategy
Streaming platform has blamed increased regulation on foreign firms, and its departure could have major economic impact
Amazon’s livestream service Twitch announced its intention on Tuesday to halt all operations in South Korea by the end of February, attributing the decision to financial challenges imposed by the Network Usage Fee Act.
The move is a telling example of the tangible effects of regulatory policies on the digital economy, with the withdrawal of Twitch from South Korea poised to impact stakeholders ranging from content creators and viewers to the broader streaming and esports sectors.
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