What nobody tells you is that the cost of hosting all that content, and streaming it live with little lag, is far more expensive than many would guess. Netflix

What nobody tells you is that the cost of hosting all that content, and streaming it live with little lag, is far more expensive than many would guess. Netflix can have boxes with cached content very near you, and your ISP even likes it, as the most streamed content tends to be the same for many users. On Twitch, it's not so easy: You really want everyone to be seeing things with minimal lag, so they can spend all that money buying bits. Other streaming services, which can use all of the tricks to save bandwidth and compute, have eye-watering AWS costs. Even with their high take rates, I bet there's a lot of streamers that, once accounting for their share of infra costs, end up losing twitch money.