on GameSquare Holdings, Inc. (NASDAQ:GAME)
GameSquare's Stream Hatchet Publishes 2024 Second Quarter Report
Live-streaming viewership has seen a significant increase, rising 10% from Q2 2023 to 8.5 billion hours watched. Stream Hatchet, a subsidiary of GameSquare Holdings, has released its 2024 second quarter Live-Streaming Trends Report.
Throughout the first half of 2024, live streaming has surpassed its previous peak experienced during the 2020 COVID-19 pandemic. This resurgence is attributed to a broader range of platforms, such as Kick, Rumble, and Chzzk. Grand Theft Auto V and League of Legends remain the top games, with 510 million and 439 million hours watched, respectively.
The report highlights a decline in Twitch's market share from 70% in Q2 2023 to 60% in Q2 2024. Additionally, the dominance of top creators is waning, with the top 5% of streamers accounting for 86% of the total market share, down from 98% in Q2 2019.
R. H.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all GameSquare Holdings, Inc. news