this post was submitted on 06 Oct 2021
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Sure they could, but why bother? There's already FOSS twitch-esque sites you can self-host.
Arguably, the real value in their site isn't even the code, but the streamers and their dedicated viewers. Not to mention the brand recognition and amount of new viewers that stumble into their site daily through Twitch being so big.
That's why Youtube and the now defunct Beam/Mixer always try/tried to buy up individual streamers - its where the real value is.