Streamlabs, Logitech’s popular live streaming software company, rolls out a “monthly tipping service” as an alternative way for streamers to monetize their fans. Streamlabs Creator subscriptions offer streamers flexibility in the types of subscriptions they offer, and they will integrate directly into Streamlabs’ OBS software suite for streaming to Twitch, YouTube or Facebook.
Using Streamlabs Creator Subscription seems about as simple as the company’s previous donation tools or the tip function that already existed on the platform. Makers can enable or disable monthly tips in the settings, along with setting specific subscription prices. There’s also the option to tip a viewer any amount they want and send redeemable monthly tip notifications during a stream. Money from tips is deposited directly into the creators’ PayPal accounts and Streamlabs says no cuts are needed, although payments are subject to payment processing fees.
As yet another method for streamers to monetize their work, Streamlabs’ feature could make sense, especially when compared to the 50 percent cut in subscription revenue that Twitch offers directly through its platform — a feature limited to Twitch Partners. By comparison, “Streamlabs Creator subscription is open to anyone with a Streamlabs tip page, regardless of size or how often they stream,” said Ashray Urs, product head of Streamlabs.
However, the relative openness of Streamlabs brings its own problems. Company has struggled to moderate less savory use of its payment features, particularly by white supremacist and far-right figures. As more of a payment manager than a payment processor, Streamlabs has a built-in distance between it and the things its products are used for, leaving moderation to payment processors like PayPal.