Microsoft Throws in the Towel on Live-Streaming
Microsoft (NASDAQ: MSFT) acquired Beam way back in 2016, a couple years after Amazon (NASDAQ: AMZN) had scooped up live-streaming leader Twitch in 2014. Beam was subsequently rebranded as Mixer in 2017 due to global rights issues. Microsoft had been aggressively trying to grow Mixer as a competing live-streaming service by poaching prominent streamers.
All of those efforts have apparently failed to make a dent in live-streaming, and this week, Microsoft announced that it was shutting down Mixer.
Image source: Getty Images.
Source Fool.com
