'Watching Twitch Without Ads Just Got A Lot More Expensive In The UK; The Amazon-Owned Service Has Increased The Price Of A Turbo Subscription From £7.30 To £12, Double The Price Increase For American Subscribers' - Evening Standard
Portfolio Pulse from Happy Mohamed
Twitch, owned by Amazon, has increased the price of its Turbo subscription in the UK from £7.30 to £12, a 64.6% increase. The price hike is double the increase for US subscribers. This is the first price increase for Turbo since its launch in 2013.
May 26, 2023 | 1:37 pm
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Amazon-owned Twitch has raised the price of its Turbo subscription in the UK by 64.6%, double the increase for US subscribers. This may lead to increased revenue for the company.
The price increase for Twitch Turbo subscription in the UK is significant and may lead to increased revenue for Amazon. However, it is important to consider the potential backlash from users and the possibility of losing subscribers due to the price hike. Overall, the impact on Amazon's stock price is likely to be positive in the short term, but the long-term effects will depend on how the company manages the situation and retains its user base.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100