Emmett Shear, the CEO of Amazon’s livestreaming service Twitch, is stepping down from his role effective immediately, the company announced Thursday.
Amazon acquired Twitch for almost $1 billion in 2014. The site is most known as a popular livestreaming platform for video gamers. After buying Twitch, Amazon was largely hands off with the business, though it has offered Prime subscribers perks on the livestreaming platform, such as free games and in-game loot.
Shear will be replaced by Twitch President Dan Clancy, who has been a “close partner” to Shear,
Read more about this at: cnbc