Thursday, March 16th 2023

Twitch CEO Emmett Shear Resigns, Dan Clancy Named as Successor

Twitch CEO Emmett Shear has declared that he is resigning from his position effectively immediately. In his statement, posted via a Twitch Blog and his personal Twitter page on Thursday March 16, a decision to spend more time with his family is given as the main reason for quitting his executive role: "With my first child just born, I've been reflecting on my future with Twitch." Shear writes. "Twitch often feels to me like a child I've been raising as well. And while I will always want to be there if Twitch needs me, at 16 years old it feels to me Twitch is ready to move out of the house and venture alone."

Shear was a co-founding partner of a humble entity that would eventually evolve into Twitch.tv, he is stepping down after serving as leader since the company's inception: "My work on Twitch began in October 2006, when Justin, Michael, and I drove across the country from New York to San Francisco. Kyle would join us three short months later, when we got him a one way ticket to fly out to San Francisco during MIT's externship week." He continues the story: "Justin.tv, Inc. turned into Twitch Inc., Twitch Inc. became a fully owned subsidiary of Amazon, and along the way we have grown to more than 8 million streamers a month."
Shear will remain involved with Twitch in a limited capacity after his exit from the leadership team: "So it is with great poignancy that I share my decision to resign from Twitch as CEO. I want to be fully there for my son as he enters this world and I feel ready for this change to tackle new challenges. I will continue to work at Twitch in an advisory role."

He then announces his successor, Dan Clancy, who joined the company back in 2019 after stints at NASA's Jet Propulsion Lab and Google: "I've never had more confidence in Twitch's leadership, in all our people, and in our product, than I do today. For many years I truly felt Twitch might die without my guidance and input, but I no longer feel that is true. I think in fact it's exactly that growth which has allowed me to even consider the idea that I might not work at Twitch. Dan Clancy, our current President, has been a close partner to me these past few years. He will step fully into the role of CEO, effective immediately. He cares deeply about the Twitch community, its streamers, and our staff and understands what makes Twitch, Twitch."
Twitch was purchased wholly by Amazon back in 2014, but since then the company has been through turbulent times with tensions rising within its own user base - in particular content creators becoming outraged over unfavorable royalty rates. It also faces increased competition from Youtube maneuvering in as a live streaming platform. Much can be read into the timing of Shear's resignation, yet his main reason for doing so - raising a young family, is a sincere one.
Sources: Emmett Shear's Twitter Post, Twitch Corporate Blog
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12 Comments on Twitch CEO Emmett Shear Resigns, Dan Clancy Named as Successor

#1
DeathtoGnomes
T0@stShear was a co-founding partner of a humble entity that would eventually evolve into Twitch.tv
That entity was Justin.tv, I did some streaming around that time on twitch in that first year.
Posted on Reply
#2
freeagent
Justin.TV was great, I couldn't understand why people would want to watch other people play video games. Like the CD, I thought this would just be a fad :)
Posted on Reply
#3
BArms
Time is ripe for a new gameplay video streaming service. Twitch is woke to the extreme and full of a ridiculous amount of ads, solve either problem and you're going to skyrocket overnight.
Posted on Reply
#4
Mysteoa
BArmsTime is ripe for a new gameplay video streaming service. Twitch is woke to the extreme and full of a ridiculous amount of ads, solve either problem and you're going to skyrocket overnight.
It's easy to say "we need a new service" when you are not the one doing it. Microsoft tried and failed, and I barely hear about Facebook streaming. Only other big company that can probably do it are Google and Apple.
Posted on Reply
#5
WorringlyIndifferent
MysteoaIt's easy to say "we need a new service" when you are not the one doing it. Microsoft tried and failed, and I barely hear about Facebook streaming. Only other big company that can probably do it are Google and Apple.
People have been waiting on an alternative to YouTube for video hosting for the better part of a decade too.

The biggest issue is that the infrastructure necessary to just match the technical capabilities of YouTube would cost several billion dollars. Not brand recognition, not poaching creators, not building a userbase; just getting the website to function, period, is a multi-billion-dollar endeavor. Banks are too big to fail; YouTube is too big to replace.
Posted on Reply
#6
LabRat 891
Cool. At least at a very cursory glance, Daniel J. Clancy appears to have been involved in some pretty cool stuff.

Considering Dan's background, and my own firm belief that "Technology" companies should be headed by "technology people": I'm hopeful.
Posted on Reply
#7
skates
The best streamers are the ones who extol the virtues of liter bottle sized Bourbon.
Posted on Reply
#8
DeathtoGnomes
BArmsTime is ripe for a new gameplay video streaming service. Twitch is woke to the extreme and full of a ridiculous amount of ads, solve either problem and you're going to skyrocket overnight.
MysteoaIt's easy to say "we need a new service" when you are not the one doing it. Microsoft tried and failed, and I barely hear about Facebook streaming. Only other big company that can probably do it are Google and Apple.
There is a bunch of stream services only a few are gaming oriented as twitch, which if you have a good adblocker twitch ads are non existent. I dont think twitch is as woke as you think considering what categories is allowed.
Posted on Reply
#9
ThrashZone
Hi,
Can't be to woke another white male maybe drags at night :laugh:
Posted on Reply
#10
DerrickOlley
MysteoaIt's easy to say "we need a new service" when you are not the one doing it. Microsoft tried and failed, and I barely hear about Facebook streaming. Here! Only other big company that can probably do it are Google and Apple.
I agree that it is easier to say that they are weak! There is fierce competition in this market and only the strongest companies will survive this competitive battle!
Posted on Reply
#11
ThrashZone
MysteoaIt's easy to say "we need a new service" when you are not the one doing it. Microsoft tried and failed, and I barely hear about Facebook streaming. Only other big company that can probably do it are Google and Apple.
Hi,
Think google already failed
Now just attempting to lease their servers to yeah anyone :cool:
Posted on Reply
#12
Mysteoa
ThrashZoneHi,
Think google already failed
Now just attempting to lease their servers to yeah anyone :cool:
To me, it seems YT streaming is doing fine. They do have to add more features to get some edge over Twitch.
Posted on Reply
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