LiveSpace shutting down 1st May 2024

I have just received the news that LiveSpace is shutting down on 1st May. Basically they cannot make the service work financially. You can read more in the link below

https://about.live.space/post/thank-you?lng=en

Now this shows how fickle the livestreaming world is right now. Youtube is also scaling back livestreams, I’m seeing vast downturn in a lot of streams audiences for many reasons (the whole social media bubble appears to have burst for many) and Twitch is exactly the same in many ways as it has been for a decade or more. It is very very difficult to make livestreaming work for the vast majority. It takes time, money and effort. I hope this is not indicative of how the livestreaming market is going….

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