Twitch Faces Advertiser Backlash Over Antisemitism and Hate Speech Allegations
Major brands, including JPMorgan and AT&T, have withdrawn ads as Twitch grapples with accusations tied to controversial content and its moderation policies.
- JPMorgan, AT&T, Dunkin', and Chevron have pulled or are reconsidering advertising on Twitch due to allegations of antisemitism and hate speech on the platform.
- The controversy centers on high-profile streamers like Hasan Piker, who denies antisemitism allegations and claims his criticism targets the Israeli government, not Jewish people.
- TwitchCon 2024 featured a panel with divisive remarks, leading to suspensions for participants and criticism from sponsors like Chevron for failing to oversee content effectively.
- Twitch has implemented new policies, including banning the use of 'Zionist' in a derogatory context and requiring political content to be labeled, to address hate speech concerns.
- The platform’s ad revenue has reportedly stagnated, with Twitch under increasing pressure from advertisers and critics to improve content moderation and community safety.