Emmett Sher, CEO of TwitchTwitch), the popular streaming service owned by Amazon, announced that it plans to step down after 16 years.
He wrote in a new Twitch blog post:
“With the birth of my first child, I’m thinking about my future with Twitch. Twitch is like a child I raised. And while I’ll always be available if Twitch needs me, at 16 I feel like Twitch is ready to go it alone.”
Replace CEO of Twitch
Lion will be replaced by Dan Clancy, who has been at Twitch for over three years. Clancy, who has experience at Google and NASA, first joined Twitch in 2019 as the company’s executive vice president of community experience. Although Sher has stepped down as CEO, he will continue to be a consultant in this company.
Shir explains in the post that he is confident about the future of the platform:
“I’ve never had more confidence in Twitch’s leadership, all of our people, and our product than I do today. “For years, I really felt like Twitch might go away without my guidance and input, but I don’t feel like that anymore.”
Shir has been in this company even before TOYCH was formed! In fact, in 2006, he founded a 24-hour streaming platform called Justin.tv along with Justin Kahn, Michael Seibel and Kylie Vogt, where Kahn’s life was broadcast 7 days a week. The platform spun off into Twitch in 2011 to focus on video game streaming, and three years later, for nearly $1 billion, was acquired by Amazon Was purchased.
Although Twitch is one of the most popular streaming platforms out there today, it has had some fierce competition from the YouTube live streaming platform over the past few years, especially as the company has attracted some of Twitch’s most popular streamers.