Caffeine (service)
Type of site | Live streaming, streaming video |
|---|---|
| Dissolved | June 26, 2024 |
| Area served | Worldwide |
| Founder(s) |
|
| URL | caffeine |
| Commercial | Yes |
| Registration | Optional |
| Launched | January 31, 2018 (Pre-Release) |
| Current status | Defunct |
Caffeine was a live streaming platform for gaming, sports, and other entertainment content.[1]
Caffeine secured a $100 million investment in September 2018 from 21st Century Fox with chairman Lachlan Murdoch joining Caffeine's board, as well as the creation of a newly formed joint venture called Caffeine Studios. As of 2019, Caffeine had raised $146 million from investors in 3 rounds led by 21st Century Fox, Andreessen Horowitz, and Greylock Partners.[2]
Both Caffeine and Twitch hosted pre-game events for Super Bowl 2020. Notable content creators who have used the platform include JuJu Smith-Schuster and Offset.[3]
Caffeine ended their service on June 26, 2024, stating that they were not able to achieve profitability.[4]
References
- ^ Roettgers, Janko (2018-09-05). "21st Century Fox Invests $100 Million in Social Live-Streaming Startup Caffeine". Variety. Retrieved 2019-10-23.
- ^ Flynn, Kerry (2019-01-23). "Gaming creators are warming up to Fox-backed Twitch competitor Caffeine". Digiday. Retrieved 2019-10-23.
- ^ Stephen, Bijan (30 January 2020). "Twitch and Caffeine are hosting their own Super Bowls before the big game". The Verge. Retrieved 23 February 2020.
- ^ Dillon, Dak (26 June 2024). "Sports-focused streaming platform Caffeine abruptly shuts down". NewscastStudio. Retrieved 26 June 2024.
External links
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