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$15k for Play

from The Hollywood Reporter

How Top Gamers Earn Up to $15,000 an Hour

by Patrick Shanley

SOURCE: Twitch

A new lawsuit reveals the high stakes in gaming as brands like Coca-Cola and Bud Light push the hourly income of popular streamers as high as five figures: “It’s become something nobody predicted.”

A decade ago, Benjamin Lupo’s hobby of playing video games was just that. Today, a gamer like Lupo could earn as much as $15,000 an hour broadcasting his gaming to the nearly 3  million people who follow him on live-streaming platform Twitch. 

Lupo, who goes by the online avatar DrLupo, says it took him “two full years of streaming 40-plus hours a week” while working a regular job before he felt comfortable gaming “full time.” Now considered one of the world’s most popular gamers, he’s part of a burgeoning cottage industry of streamers who are profiting from the booming business of video games. 

Over the past five years, the gaming industry has more than doubled, rocketing to $43.8  billion in revenue in 2018, according to the NPD Group. Skilled gamers — buoyed by the rise of streaming platforms like Google’s YouTube and Amazon’s Twitch — have turned into stars who can not only attract millions of fans but also earn millions of dollars. Top Twitch streamer Tyler “Ninja” Blevins, for example, has said he made $10  million in 2018 playing online game Fortnite.

“There’s been incredible [revenue] growth across the board,” says Mike Aragon, who oversees Twitch’s partnerships with streamers as senior vp content. “The entire ecosystem has become more mainstream.”

[ click to continue reading at THR ]

Posted on June 3, 2019 by Editor

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